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China’s Industrial Profit Plunged in May Amid Weak Demand, US Tariffs - The Thinking Conservative
Industrial profits at large Chinese companies fell in May compared to a year earlier, reversing the modest gain recorded in previous months. The post China’s Industrial Profit Plunged in May Amid Weak Demand, US Tariffs appeared first on The Thinking Conservative.
China’s Industrial Profit Plunged in May Amid Weak Demand, US Tariffs
Industrial profits at large Chinese companies fell in May compared to a year earlier, reversing the modest gain recorded in previous months, as weak domestic demand and the tariff war with the United States weighed on manufacturers. Data released on June 27 by China’s National Bureau of Statistics show that profits declined 9.1 percent year over year in May. The drop erased the 1.4 percent gain seen in the first four months of 2025, and pulled o…
In May, industrial production declined for the second month due to factors such as a sluggish manufacturing industry. Retail sales failed to rebound for the third month, and facility investment also recorded a negative figure for the third month. Despite the execution of the first supplementary budget, the sluggish domestic demand indicators continue. Statistics
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