China’s industrial profits grew at slowest pace in 18 months in December
China’s industrial profits grew at slowest pace in 18 months in December

China’s industrial profits grew at slowest pace in 18 months in December

 

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China's industrial companies saw profits grow at their slowest pace in more than a year and a half in December, indicating softening demand amid rising pressure on economic recovery and adding to expectations of more supportive measures from the government to stabilise a slowing economy.

Hobbled by an easing in factory-gate inflation, industrial profits grew 4.2% in December from a year earlier, the slowest rate since April 2020, according to the National . . .

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