China’s industrial profits slip 1.5% in July, slowest pace of decline in five months

Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024.

Nurphoto | Nurphoto | Getty Images

China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines as Beijing’s campaign against price wars helped improve companies’ margins.

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