As China's economy gets the chills, some California firms catch a cold
Apple Inc. isn't the only California company with a China problem.
From Barbie dolls to bottles of Merlot, the slowdown in China's massive economy and the U.S.-China trade dispute are impeding sales growth for some other California companies doing business in China, serving Chinese tourists or pulling in Chinese investment. That's sending disquieting ripples through California's economy, which has grown more reliant on those cross-Pacific ties.
Apple was the latest to cite China's decelerating economy, a pullback in Chinese consumer spending, shifting product preferences and the trade fight when the Cupertino company last week issued a rare cut to its sales forecast.
Although some analysts partly blamed Apple and its lofty iPhone prices for the electronics giant's lowered projections, other companies and industries also said
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