BEIJING—The China economic slowdown that has rattled global markets is also shaking the fortunes of multinationals that do business here. Those that fed China’s traditional boom industries of infrastructure, energy and steel—like Anglo-Australian miner BHP Billiton Ltd. and French energy-equipment maker Schneider Electric SE—are suffering precipitous falls in revenue there after years when their profits were boosted by the country’s 10%-plus economic growth. Many also face heavy write-downs as investment plans predicated on...
With China's economic slowdown affecting many businesses, the Wall Street Journal has listed the winners and losers so far. Anglo-Australian miner BHP Billiton, French energy-equipment maker Schneider Electric and General Motors are suffering losses in China following years of profits, as they benefitted from China's 10%-plus growth and a surging middle class. Firms such as Samsonite International, Apple Inc and Adidas are doing relatively well since retail demand continues to remain strong.