China's industrial profits plunge at fastest pace since the pandemic

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

China industrial profits decline

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China’s industrial profits plunge as economic momentum falters

Steep monthly decline in September comes as policymakers battle to restore confidence

China's industrial profits plunge 27%, marking this year's steepest fall

BEIJING (Reuters) -- China's industrial profits plunged in September, recording the steepest monthly decline of the year, official data showed on Sund

China Industrial Profits Extend Drop as Deflation Takes Toll

Latest (Bloomberg) -- Profits at China’s industrial firms in September declined at a faster pace than a month earlier, as deflationary pressures sap the

China's Industrial Profits Plunge Sparks Economic Stimulus

China's Industrial Profits Plunge Sparks Economic Stimulus China experienced a sharp decline in industrial profits in September, marking the steepest monthly drop this year, as reported by official data on Sunday.Profits plummeted by 27.1% compared to the previous year, with a cumulative drop of 3.5% in the first nine months of 2023, prompting policymakers to enhance stimulus measures.The government's focus is now on injecting fiscal stimulus t…