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Fortune

Nicholas Gordon

China’s COVID chaos is showing up in corporate earnings

Covid-19 China Apple Tim Cook Starbucks Howard Schultz

Chinese shoppers gather around an iPhone stand in China. (Credit: VCG—VCG via Getty Images)

Any company doing business in China has had a rough quarter.

Throughout September and November, Chinese authorities imposed strict lockdowns and other COVID control measures in a futile effort to suppress outbreaks across the country.

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