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China's Profit Warnings Signal More Gloom for the Economy

  • Highest ratio of firms forecasting earnings decline since 2016
  • Deadline for companies to report earnings is at end of August
People look at the view from the observation deck at the Shanghai World Financial Center.

People look at the view from the observation deck at the Shanghai World Financial Center.

Photographer: Qilai Shen/Bloomberg
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For anyone checking the health of China’s economy, corporate earnings are providing the latest bad news.