1 in 4 China-listed firms in red last year on weak consumer spending

Economy

Ratio of companies posting net losses was highest since 2000

Domestic tourism revenue over the Lunar New Year holiday hit a record high this year, but per capita revenue fell. (Photo by Tomoko Wakasugi)

YUSHO CHO

February 28, 2026 01:52 JST

TOKYO — A record 1,443 of China’s roughly 5,500 listed companies are expected to report a net loss for the year ended December, as a prolonged property slump dragged down consumer spending, a Nikkei survey shows.