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China's Industrial Profits Surge Amid U.S. Tensions

10/30/2025

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Story summary
  • China's industrial profits rose more than 20% in September 2025.
  • The gain reflects Beijing's push to reduce price competition and boost profitability amid United States tensions.
  • China's third-quarter growth was 4.8%, but fixed-asset investment fell for the first time since 2020.
  • Analysts say policymakers aim to boost domestic demand and technology, with limited stimulus.
  • China's use of rare earth materials is a response to United States semiconductor restrictions.