NEW YORK (Reuters) - Thank goodness for the Middle Kingdom.
So goes the thinking among top U.S. executives this summer -- or at least it should. For China is proving one of the few bright spots during the U.S. earnings season as the country's super-sized stimulus package is starting to support demand for everything from computers to construction equipment.
While the results season is far from over, the list of companies that have cited China as a positive is already notable: Intel Corp (INTC.O), Caterpillar Inc (CAT.N), Coca-Cola (KO.N), Alcoa Inc (AA.N), Altera Corp (ALTR.O) and Cummins Inc (CMI.N), among others.
"I'm certainly glad I'm in China," John Watkins, chief executive of Cummins (China) Investment Co, said recently.
