Fears over a Chinese economic meltdown have been keenly felt in the UK’s boardrooms

If the fluctuations of the Shanghai stock market seem somewhat removed to some, those on the boards of five of the UK’s largest companies must be feeling every share sell-off, every rumour as if it was in their own back yard.

According to a recent analysis by Citigroup, five FTSE 100 companies – ARM Holdings, Burberry, HSBC, Intertek and Standard Chartered – all generate more than 20% of their sales from China and the far east, and as a result fears over an economic meltdown there have been keenly felt in the boardrooms here.

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Source: The Guardian Circular Economy RSS