The Aporia
Ahead of the upcoming summit between Xi Jinping and Donald Trump, the effects of reciprocal trade and technology curbs imposed by the United States and China are drawing significant attention. These measures have led to a decline in company profits, supply chain disruptions, and increased market competition. The South China Morning Post analyzed earnings reports from 18 listed firms that illustrate these impacts.
Firms reported direct financial losses due to US-China restrictions, including reduced revenue, lower profit margins, canceled orders, and significant inventory write-downs. These constraints have eroded the financial health of numerous companies operating in both economies.