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Manufacturers Take a Sales Hit in China

Jan 28 , 2019

A growing number of industrial companies said their sales are softening in China, threatening a strong three-year run for U.S. manufacturers.

Makers of everything from bulldozers to computer chips have bet heavily on expanding their business in a country of 1.4 billion people with an increasing appetite for world-class consumer goods and infrastructure. U.S. exports to China doubled over the decade through 2017 to $130 billion a year, according to the Census Bureau.

Now that opportunity has become a potential liability for some companies as China’s economy slows to its lowest rate of growth since 1990.

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