While we wait for more Asian markets to open for the session ... a piece from Reuters
- Companies dependent on Chinese infrastructure growth, such as United Technologies Corp (UTX.N) and Caterpillar Inc (CAT.N), are claiming soft second-quarter earnings and a downgraded outlook based on weakened Chinese demand
- Consumer companies like United Continental Holdings Inc (UAL.N), Apple Inc (AAPL.O) and General Motors Co (GM.N), on the other hand, continue to paint a rosy picture based on continued strong demand by the Chinese consumer