日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

China's rebounding economy a vital refuge for US firms

chinadaily.com.cn | Updated: 2020-08-14 13:39
Share
Share - WeChat
Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, Jan 7, 2020. [Photo/Agencies]

China has become a vital refuge for US companies after overcoming COVID-19, as the country's rebounding consumer economy has helped offset the damage from tumbling sales back home, the Wall Street Journal reported.

Some of America's best-known brands, including Tesla and Nike, have been buoyed by strong results from China, which has long been an important destination for US companies.

Tesla reported revenue of $1.4 billion in China in the second quarter, soaring 102.9 percent year-on-year and accounting for 23.19 percent of the total. The company delivered 31,000 electric vehicles to China-based customers in Q2, accounting for one-third of its global sales.

"China offered a model of recovery, stabilization and then growth," David Weinberg, CEO of Skechers USA Inc, told analysts on an earning call. Overall, the sneaker company's quarterly sales dropped 42 percent from a year earlier but were bolstered in part by 11.5 percent growth in China.

China's retail sales of consumer goods declined 3.9 percent year-on-year in the second quarter, an improvement of 15.1 percentage points from the first quarter. US retail sales, by comparison, declined 8.1 percent year-on-year in the second quarter.

US brands have suffered little commercial fallout among Chinese consumers, enabling them to capitalize on the economic rebound in China, the journal said.

Nike returned to growth in China in its most recent quarter, as China sales rose 1 percent from a year earlier, helping offset a global revenue decline of 38 percent.

Coffee chain giant Starbucks Corp reported a 38 percent decline in global quarterly revenue, while in China, the figure was a 19 percent drop. The company's chief executive Kevin Johnson said he was optimistic Starbucks would substantially recover its sales in China by the end of 2020.

Sportswear maker Under Armour didn't break out China numbers, but it pointed to a more muted recovery.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 激情视频自拍 | 韩国一大片a毛片 | 久草天堂 | 中文字幕一区二区三区四区五区 | 国产精品原创巨作av | 亚洲精品日韩在线 | 国外成人在线视频网站 | 国产成人久久蜜一区二区 | 国产日韩一区二区三区 | 久色伊人 | 日韩影视在线 | 午夜精品亚洲 | 国产男女免费完整版视频 | 欧美受xxxx黑人xyx爽 | 日本亚洲天堂网 | 天天噜噜揉揉狠狠夜夜 | 这里精品| 91免费视频网 | 国产一卡2卡三卡4卡免费网站 | 九九精品激情在线视频 | 久久www免费人成看片色多多 | 国产精品中文字幕在线 | 成人精品| 久久久国产精品视频 | 中文字幕在亚洲第一在线 | 国产成人自拍一区 | 国产在线视频2019最新视频 | 日韩不卡高清 | 欧美精品久久一区 | av影音 | 999热在线精品观看全部 | 亚洲精品国产第一综合99久久 | 久久www免费人成看片色多多 | 無码一区中文字幕少妇熟女H | 天堂精品 | 王的女人印度剧电视剧免费观看32集 | 操舔 | 欧美日韩一区在线观看 | 日韩成人免费视频 | 日本一道一区二区免费看 | 免费毛片网站 |