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China's Industrial Profits Dip Amid Weak Demand, Deflation

8/28/2025

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Summary

Story summary

In July, China's industrial profits decreased by 1.5%, continuing a three-month decline due to weak demand and deflation.
Economic stimulus measures, including infrastructure spending, have shown limited effectiveness.
High-tech manufacturing profits increased by 19%, while mining profits fell nearly 32%.
State-owned enterprises experienced a 7.5% profit decline, while private and foreign firms saw a 1.8% profit increase.

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Story summary

In July, China's industrial profits decreased by 1.5%, continuing a three-month decline due to weak demand and deflation.
Economic stimulus measures, including infrastructure spending, have shown limited effectiveness.
High-tech manufacturing profits increased by 19%, while mining profits fell nearly 32%.
State-owned enterprises experienced a 7.5% profit decline, while private and foreign firms saw a 1.8% profit increase.