China's top technology, e-commerce and consumer electronic firms are set to report a sharp slowdown in revenue growth for the June quarter, as a ...
China's top technology, e-commerce and consumer electronic firms are set to report a sharp slowdown in revenue growth for the June quarter, as a bruising trade war with the United States weighed on the Chinese economy and hurt consumer spending.
China's economic growth slowed to 6.2per cent in the second quarter, its weakest pace in at least 27 years. * JD.com, which is expected to report earnings on Tuesday, could manage to eke out a small profit by curbing costs. But with fewer consumers buying household appliances and electronics, the online retailer is likely to post its slowest revenue growth in at least five years.
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