Chinese industrial profits rise 11 percent in July
Chinese industrial company profits grew by 11.2% in July, the weakest rate this year, influenced by weak demand and declining price momentum, despite an overall growth of 17.6% during the first seven months of 2026. Demand for computing equipment and electronics rose thanks to the artificial intelligence boom, but price recovery has started to falter due to sluggish domestic demand and global energy costs. Chinese authorities are expected to strengthen their support efforts to ensure stable company profits, although economic recovery remains limited due to a weak real estate market, declining confidence, and increasing competition.
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