Economy #china#industrial profits
China's Industrial Profit Growth Slows for First Time in 6 Months as Weak Domestic Demand Bites
China's industrial profit growth slowed for the first time in six months in May, rising 21.1% year-on-year versus 24.7% in April, as weak domestic demand outweighed gains from exports and higher factory-gate prices. For January-May 2026, profits rose 18.8%, missing Bloomberg Economics' 19% forecast, and totalled 3.14 trillion yuan ($462 billion), below the same period in 2022. The data signals growing earnings pressure for manufacturers, with implications for corporate strategy and investment decisions.
Jul 8, 2026 1 source