China’s industrial profits plunge 9.1%, steepest fall in seven months | Metals Mine

  • China’s industrial profits plunge 9.1%, steepest fall in seven months

    From cnbc.com

    China’s industrial profits plunged 9.1% in May from a year earlier, in the latest sign that Beijing’s stimulus efforts are falling short in boosting enterprises’ profitability. That marked the largest monthly decline since October last year, when the industrial profits dropped 10%. Industrial profits are a key measure of the financial health of factories, mines and utilities in China. Cumulative profits at major industrial firms fell 1.1% in the first five months of 2025, compared to a year earlier, the data showed. In September last year, industrial profits recorded an eye-watering 27.1% year-on-year drop, ... (full story)

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OutThere
Jun 27, 2025 7:26am
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Quoting Vancarbon
When consumers are all spent out it’s hard to create demand . The same is happening in the US .
Probably worse in US cause China has 90% market elsewhere where as US is 90% or some high % dependent on China.
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