China's industrial profits fall 1.5% in July, best result in five months
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China's industrial companies showed better results in July. Profits decreased by 1.5% compared to last year, but this was much better than previous months. State companies had bigger problems with 7.5% profit drop.
Foreign companies did better with 1.8% profit increase. Mining industry had the worst results with 31.6% profit fall. Manufacturing and utilities did well with profits up 4.8% and 3.9%.
Government policies helped companies perform better.
Original Article
cnbc.comhttps://www.cnbc.com/2025/08/27/chinas-industrial-profits-slip-1point5percent-in-july-slowest-pace-of-decline-in-five-months.html