✉news BusinessEconomy first seen 21 h ago, last 13 h ago, peak #13
China's industrial profit growth slows to 4.2% in August
Original: China posts weakest industrial profit growth this year, expanding 4.2% in August
Chinese industrial firms saw profits rise 4.2% in August, the weakest pace of growth recorded so far this year, according to official figures. The slowdown points to persistent pressure on manufacturers from weak domestic demand, falling prices and trade tensions, and adds to concerns that Beijing may need further stimulus to hit its growth targets.
Why now: The weakest profit growth of the year raises doubts about the strength of China's economic recovery and the outlook for global demand.
Rank over time, top of the chart is #1. 7 snapshots from 21 h ago to 13 h ago.
Evidence
- China posts weakest industrial profit growth this year, expanding 4.2% in August · CNBC
- China posts weakest industrial profit growth this year, expanding 4.2% in August · CNBC
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