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China's Ongoing Economic Volatility Will Send Ripples Through U.S. Tech Sector

January 17, 2016

Harry Wang, director, Health & Mobile Product Research, at Parks Associates, added that “the slowdown is going affect their ability to sell products. The devaluation of the currency there makes Chinese products more competitive while making U.S. products pricier as imports.”

At the same time, the volatility in the stock market is affecting the Chinese consumer’s ability to purchase products from western companies. The Chinese middle class is a big market for American luxury brands, and it’s this group that’s most affected by the stock market fluctuations.

From the article "China's Ongoing Economic Volatility Will Send Ripples Through U.S. Tech Sector" by Tara Seals.

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China's Ongoing Economic Volatility Will Send Ripples Through U.S. Tech Sector

Previously In The News

Providers Fine-tune Their Business Models As A La Carte Streaming Services Proliferate

Millennials are the generation most likely to use another person's Netflix account, with 18 percent admitting to illegal streaming, survey finds

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Do YOU give your Netflix password to friends? AI that can track down users who illegally share accounts is unveiled

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