Trouble lies ahead for European luxury brands and car makers as China’s slowdown hurts profits, share prices, valuations and jobs

https://fortune.com/europe/2024/07/25/trouble-lies-ahead-for-european-luxury-brands-car-makers-chinas-slowdown-hurts-profits-share-prices-valuations-jobs-lvmh-burberry-omega-swatch-daimler-germany/

by bizsolution365

3 comments
  1. Hmmm. You know what would be a pro move. Let’s put tariffs on the most productive sectors in China and ban them from importing things that their sectors need to grow and expand.

    Yeah!

  2. free market conditions can sometimes be destructive. Too protective measures for the market can slow down quality and development.

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