China’s industrial profits extended declines to a fourth straight month, dropping 7.3% in November from a year earlier, signaling that Beijing’s stimulus measures have yet to meaningfully stem the slide in corporate earnings.

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Reuters

United Kingdom

China's November industrial profits narrow decline but 2024 likely worst year in decades

China's industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.

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The profit of Chinese industrial companies fell 7.3 per cent year on year in November for the fourth consecutive month, official data showed.

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Hong Kong stocks cap weekly gain on prospect of policy support

China's industrial profits extended their decline to a fourth straight month, dropping 7.3% in November from a year earlier.

CNBC

Roberts family

United States

China's industrial profits extend decline to a fourth straight month, dropping 7.3% in November

China’s industrial firms saw their profits drop in November for a fourth straight month, on track for the sharpest annual decline since records began in 2000.

Bloomberg

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The Vanguard Group

Howard Buffett

BlackRock

China Industrial Profits Set for Steepest Annual Drop Since 2000

BEIJING (Reuters) –     China’s industrial profits fell at a slower clip in November, official data showed on Friday, as policymakers pledged stronger support to prop up a faltering economic recovery. The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as business and household appetites for spending and investment remain subdued amid a prolonged housing downturn and fresh trade risks from the incoming…

WTVB

Midwest Communications

China’s industrial profits decline at slower pace in Nov

China's industrial enterprises saw a smaller decline in profits in November, with the total profits for major industrial enterprises falling by 7.3 percent year on year to 799.4 billion ($109.5 billion) from October's 10 percent, according to CGTN calculations based on data released by the National Bureau of Statistics on Friday.

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China's industrial enterprises' profit decline narrows in Nov

Live - Official data showed on Friday that industrial profits in China fell at a slower pace in November, but the annual decline in profits is expected to be...

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تراجع أرباح الشركات الصناعية الصينية في أسوأ عام منذ عقود

3yonnewsi

China's industrial profits fall in worst year in decades

BEIJING (Reuters) -China’s industrial profits fell at a slower clip in November, official data showed on Friday, but the annual decline in earnings this year is expected to be the worst in over two decades due to persistently soft domestic consumption.  The world’s second-largest economy has been struggling to mount a strong post-pandemic revival, as business and household appetites for spending and investment remain subdued amid a prolonged hou…

Blue Water Healthy Living

Port Huron

St. Clair County

Michigan

China's Nov industrial profits narrow decline but 2024 likely worst year in decades - Blue Water Healthy Living

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Piles of coal at Rizhao port in China's Shandong Province on Nov. 2, 2021.VCG | Visual China Group | Getty ImagesChina's industrial profits extended declines to a fourth straight month, dropping 7.3% in November from a year earlier, signaling that Beijing's stimulus measures have yet to meaningfully stem the slide in corporate earnings.Profits slumped 10% year on year in October following a 27.1% plunge in September — their steepest drop since M…

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China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November

China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November

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