China Bashing, Economic Slowdown Leave American CEOs Unfazed
- Apple, Starbucks say they're confident in long-term potential
- Companies plan to keep investing amid current market turmoil
A woman sorts through vegetables at a fresh food market in Shanghai, China, on Saturday, Dec. 5, 2015. Premier Li Keqiang is facing a precarious balancing act as he eases fiscal policy to meet a target of 6.5 percent annual economic growth for the next five years, while reining in a debt pile that is estimated to be already more than twice the size of the world's second-largest economy.
Photographer: Qilai Shen/BloombergCall it the $400 billion opportunity that American chief executives find hard to pass up.
China’s slowdown is roiling markets worldwide and it’s open season for China-bashing by Donald Trump and others on the presidential campaign trail. U.S. companies from Apple Inc. and Starbucks Corp. to aerospace giant United Technologies Corp. and wireless chipmaker Qualcomm Inc. are taking the long view: This is a time to be investing big in the world’s second-largest economy.