China a sweet spot for U.S. companies’ earnings in second-quarter
By Adam JourdanSHANGHAI (Reuters) - Trade tensions between Washington and Beijing may be running high but Corporate America is finding China to be a reliable source of profit growth this year.Whether they sell construction equipment, semiconductors or coffee, many major U.S. companies have reported stronger second-quarter earnings and revenue from their Chinese operations in recent weeks.Chinese President Xi Jinping’s ambitious plan to build a new Silk Road that will improve links between
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