💥 Chinese industrial companies’ profits continue to be squeezed as the post-pandemic economic recovery weakens and demand declines, with profits in July down 6.7% YoY, marking the seventh consecutive monthly decline this year.

💥 Chinese industrial companies’ profits continue to be squeezed as the post-pandemic economic recovery weakens and demand declines, with profits in July down 6.7% YoY, marking the seventh consecutive monthly decline this year.
Source:https://www.voacantonese.com/a/china-industrial-profits-extend-slump-into-seventh-month-20230827/7243152.html