How 3 stocks tied to China’s economy are navigating its uneven post-Covid recovery

Wealth

An employee services in a Starbucks coffee truck at Wuhan International Plaza on October 6, 2022 in Wuhan, Hubei province, China.
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There are signs that China’s economic stumbles are starting to stabilize.

But looking at quarterly numbers and commentary from multinational companies doing business there, the road back for the world’s second-largest economy remains uneven.

This paints a fuzzy picture for our stocks that generate lots of revenue in China — Estee Lauder (EL), Starbucks (SBUX) and Wynn Resorts (WYNN) — as they get ready to report their quarterly results.

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