negative
China Industrial Profits Fall Again, Signaling Fragile Recovery
Profits at China’s industrial firms fell 5.8% year-on-year in August, continuing a downward trend and underscoring the fragile state of its economic recovery. Despite several stimulus steps from Beijing, key industries such as steel, chemicals, and manufacturing are struggling with weak demand. The slump raises concerns about whether growth momentum in the world’s second-largest economy can be sustained as policymakers weigh further measures.
Tags:
- China economy
- industrial profits
Explore:High Return Equity Mutual Fund
negative
China Industrial Profits Fall Again, Signaling Fragile Recovery
Profits at China’s industrial firms fell 5.8% year-on-year in August, continuing a downward trend and underscoring the fragile state of its economic recovery. Despite several stimulus steps from Beijing, key industries such as steel, chemicals, and manufacturing are struggling with weak demand. The slump raises concerns about whether growth momentum in the world’s second-largest economy can be sustained as policymakers weigh further measures.
Tags:
- China economy
- industrial profits
Explore:High Return Equity Mutual Fund
1 min read
63 words
China’s industrial profits slide again, signaling fragility in economic recovery.
Profits at China’s industrial firms fell 5.8% year-on-year in August, continuing a downward trend and underscoring the fragile state of its economic recovery. Despite several stimulus steps from Beijing, key industries such as steel, chemicals, and manufacturing are struggling with weak demand. The slump raises concerns about whether growth momentum in the world’s second-largest economy can be sustained as policymakers weigh further measures.
Profits at China’s industrial firms fell 5.8% year-on-year in August, continuing a downward trend and underscoring the fragile state of its economic recovery. Despite several stimulus steps from Beijing, key industries such as steel, chemicals, and manufacturing are struggling with weak demand. The slump raises concerns about whether growth momentum in the world’s second-largest economy can be sustained as policymakers weigh further measures.
Tags:
- China economy
- industrial profits
- China economy
- industrial profits
- manufacturing slowdown