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The Economic Times

National / The Economic Times

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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.

27 Jun 2026 9:55 am