China's industrial profits fall further in June

Chinese Steel Profits Recover as Beijing Targets Overcapacity

(Bloomberg) — The profitability of Chinese steel mills began to recover last month, with the improvement likely to accelerate in the second half of the year if the government delivers on its pledges to tackle overcapacity.

China’s industrial profits fall for second month amid price wars

Profits at China’s industrial firms fell 4.3 per cent in June from a year earlier. Read more at straitstimes.com.

CX Briefing: China’s Industrial Profit Drop Narrows

CX Briefing: China’s Industrial Profit Drop Narrows - Also in today’s rundown: Energy regulator to audit eight coal producing regions in overcapacity crackdown, Beijing launches national cash-for-kids program amid deepening demographic crisis

China's Industrial Profits Fall Further in June

China’s industrial profits keep shrinking in June as price wars take a toll

Persistent deflation and intense price competition are eroding margins despite a resilient GDP. State owned firms reported a 7.6% profit drop, while private companies’ profits grew slightly.