China Inc on slippery earnings slope as pricey commodities, Covid-19 costs pressure operating margins, analysts say ‘SCMP’ News Summary (Hong Kong) BEAMSTART


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Quick Summary: A slowdown in earnings growth for publicly traded companies is likely to extend into the rest of the year, as commodity prices erode margins and Covid-19 measures suppress spending. An employee works at a factory of Harbin Electric Machinery Company in Harbin, in northeast China’s Heilongjiang Province, on September 3, 2022.