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الاقتصادية
China industrial profits decline again
Chinese industrial companies experienced a fourth consecutive decline in profits, recording a 4.2% increase last month compared to the same period last year. This growth fell short of expectations, which predicted an average of 8%. The slowdown is attributed to weakening domestic demand and declining business confidence. Despite sectors like electronics and raw materials benefiting from rising commodity prices and advancements in artificial intelligence, the overall growth has become unbalanced due to soft domestic consumption, reduced government spending, and increasing debt risks. The government is focusing more on addressing energy overcapacity and price competition rather than implementing large-scale fiscal stimulus. China plans to strengthen its economy by improving policies, expanding domestic demand, and shifting sources of growth. Additionally, the country is working on implementing plans to cut inefficient energy production capacity by 2028.
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