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A worker on the production line at a Ningbo Shenglong factory in Ningbo, China.Photographer: Qilai Shen/Bloomberg
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By Bloomberg News
June 27, 2026 at 1:57 AM UTC
Updated on June 27, 2026 at 6:35 AM UTC
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The increase in China’s industrial profits softened for the first time since November, suggesting that strong exports and price gains failed to offset the drag from tepid domestic demand.
Industrial profits rose 21.1% last month from a year earlier, down from a 24.7% jump in April, according to data published by the National Bureau of Statistics on Saturday.
Read Original at Bloomberg.com →