✉news BusinessEconomy first seen 7 h ago, last 30 min ago, peak #5
China's industrial profit growth slows further
Original: China's industrial profit growth slows further as economic imbalances deepen
China's industrial profits grew at a slower pace again, according to Reuters reporting picked up widely by other outlets. The slowdown points to deepening imbalances in the Chinese economy, with weak demand and factory-gate price pressure squeezing manufacturers. Analysts see the data as fresh evidence that Beijing needs stronger stimulus to shore up growth.
Why now: Fresh industrial profit data reinforces concerns about China's economic slowdown and the case for more stimulus
Evidence
- China's industrial profit growth slows further as economic imbalances deepen · Yahoo Finance
- China's industrial profit growth slows further as economic imbalances deepen · Reuters
- China's industrial profit growth slows further as economic imbalances deepen · Fresno Bee
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