General Motors Co: Consumer companies like United Continental Holdings Inc
, Apple Inc and General Motors Co , on the other hand, continue to paint a rosy picture based on continued strong demand by the Chinese consumer, according to Euro News. The Chinese economy has faced difficulties this year as decelerating growth in factory output, retail sales and domestic investment has been compounded by a slowing property market. Most notably, companies dependent on Chinese infrastructure growth, such as United Technologies Corp and Caterpillar Inc , are claiming soft second-quarter earnings and a downgraded outlook based on weakened Chinese demand. China economy is expected to expand 7 percent this year, with growth slowing to 6.7 percent in 2016, a Reuters poll of analysts showed on Thursday. We would certainly not be surprised to see some of the big consumer packaged goods companies, some of the industrials, reporting that China activity is probably a little below headline growth rates. We have been worried about it, Steve Weeple, head of global equities at global asset manager Standard Life Investments in Boston, told Reuters. (news.financializer.com). As reported in the news. Tagged under General Motors Co, Caterpillar Inc topics.