Business & Finance
China’s Industrial Profit Growth Slows to Weakest Pace This Year
Key Points
China’s Industrial Profit Growth Slows to Weakest Pace This Year China’s industry saw profit gains slow for a second month, adding to evidence of an uneven recovery for companies across parts of the world’s second-biggest economy. Industrial profits rose 15.1% last month from a year earlier, the weakest increase this year and down from a 21.1% jump in May, according to data published by the National Bureau of Statistics on Monday.
China’s Industrial Profit Growth Slows to Weakest Pace This Year
China’s industry saw profit gains slow for a second month, adding to evidence of an uneven recovery for companies across parts of the world’s second-biggest economy.
Industrial profits rose 15.1% last month from a year earlier, the weakest increase this year and down from a 21.1% jump in May, according to data published by the National Bureau of Statistics on Monday.