Big companies see no China recovery soon, adding to trade tensions gloom By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2025
0mins
Source: Investing.com
Weak Consumer Demand in China: Pernod Ricard and Carlsberg report a continued decline in consumer demand in China, with Carlsberg noting a 4-5% shrinkage in the beer market and Pernod facing a 25% sales drop, largely due to geopolitical tensions and local economic challenges.
Global Trade Tensions Impacting Outlook: Companies across various sectors express concerns over the impact of U.S. tariffs on imports from China, Mexico, and Canada, leading to a cautious business outlook for 2025 as they navigate these uncertainties.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
