Industrial profits in China fell 4.3% y/y in June, following a 9.1% drop in May
Industrial profits in China fell 4.3% y/y in June, following a 9.1% drop in May, according to the National Bureau of Statistics. First-half 2025 profits declined 1.8%, compared to a 1.1% drop from January–May. The decline was driven by persistent producer deflation, weak domestic demand, and ongoing global trade uncertainty. Price wars in industries such … Read more