Reported about 17 hours ago
China's industrial profits saw a 1.4% increase in the January-April period, with a notable 3% rise in April alone, indicating the effectiveness of recent stimulus measures despite ongoing trade tensions with the United States. While state-owned enterprises faced a decline in profits, private and foreign companies reported growth. Analysts warn that challenges such as insufficient demand and global uncertainties persist, potentially impacting the recovery.
Source: YAHOO