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27 Mar 2025
China’s industrial profits slip at start of the year as deflationary pressures, tariff risks mount
Summary: China’s industrial profits dipped 0.3% in the first two months of the year, influenced by persistent deflationary pressure and rising global trade tensions. While manufacturing and utilities sectors saw profit increases, the mining industry faced a significant decline. Despite improving consumer goods trade-in and equipment upgrade policies, challenges persist due to a more challenging external environment, including higher U.S. tariffs.