China's industrial profits slip 1.5% in July, slowest pace of decline in five months

China's industrial profits decline narrows for 2nd consecutive month

Profits of China's major industrial firms fell 1.5 percent year on year in July, official data showed on Wednesday. The decline narrowed for the second consecutive month, indicating a steady recovery in the country's industrial sector.National Bureau of Statistics (NBS) data showed that the contraction in July was 2.8 percentage points lower than that in June. For the January-July period, total profits of large industrial enterprises declined 1.…

China’s industrial profits fall more slowly amid crackdown on price wars

Industrial profits have been shrinking since May, but policy measures designed to promote rebound in prices are aiding recovery, NBS says.

China industrial profits ease drop with crackdown on price wars

Profit margins are still under pressure after domestic demand softened further. Read more at straitstimes.com.

China's industrial profits slip 1.5% in July, slowest pace of decline in five months

Click here to view this article from thepress.net.

China’s Industrial Profits Extend Drop to Third Straight Month

China’s industrial companies saw their profits fall for a third straight month, adding to evidence that deflationary pressures and aggressive competition among producers are heaping stress on the economy.