China industrial profits stay resilient as economy leans on factories, exports
- Posted on June 27, 2026
- By Business News Today
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- 1 min read
China industrial profits stay resilient as economy leans on factories, exports
China's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and exports amidst weak domestic demand. While tech sectors like AI equipment are booming, automakers face a profit slump. Analysts anticipate government intervention to support struggling businesses as consolidation intensifies.
