neutral
4 days agoChina records 5.5% drop in October industrial profits after two months of gains
Official data released Thursday showed China’s industrial firms posted a 5.5% year-on-year decline in profits for October, reversing double-digit growth posted in August and September. The drop is attributed to weaker domestic demand and poor performance in mining and related sectors. Analysts warn the slump may pressure manufacturing margins and discourage investment unless Beijing rolls out stimulus for consumption and factory support ahead of 2026.
Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
neutral
4 days agoChina records 5.5% drop in October industrial profits after two months of gains
Official data released Thursday showed China’s industrial firms posted a 5.5% year-on-year decline in profits for October, reversing double-digit growth posted in August and September. The drop is attributed to weaker domestic demand and poor performance in mining and related sectors. Analysts warn the slump may pressure manufacturing margins and discourage investment unless Beijing rolls out stimulus for consumption and factory support ahead of 2026.
Reuters• By Pooja Kumari
Explore:Mutual Fund Themes
1 min read
65 words
Chinese industrial profits sank 5.5% in October, ending two months of growth, as domestic demand slackens and mining drags overall performance.
Official data released Thursday showed China’s industrial firms posted a 5.5% year-on-year decline in profits for October, reversing double-digit growth posted in August and September. The drop is attributed to weaker domestic demand and poor performance in mining and related sectors. Analysts warn the slump may pressure manufacturing margins and discourage investment unless Beijing rolls out stimulus for consumption and factory support ahead of 2026.
Official data released Thursday showed China’s industrial firms posted a 5.5% year-on-year decline in profits for October, reversing double-digit growth posted in August and September. The drop is attributed to weaker domestic demand and poor performance in mining and related sectors. Analysts warn the slump may pressure manufacturing margins and discourage investment unless Beijing rolls out stimulus for consumption and factory support ahead of 2026.
Nov 27, 2025 • 07:21