Indicators
China’s Industrial Profits Climb Even as Warning Signs Flash
- Industrial profits at large firms expand 4.1% on year in July
- Growth comes as demand in China remains stubbornly weak
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Profits at China’s industrial companies rose at the fastest pace in five months in July, though weak domestic demand is calling into question whether their resilience can last.
Industrial profits at large Chinese companies expanded 4.1% on year, the National Bureau of Statistics said in a statement Tuesday, after a 3.6% gain the previous month.