Steel industry profits grew by 63.7 per cent in the first 10 months, as output hit a record high in October. Photo: Reuters
Steel industry profits grew by 63.7 per cent in the first 10 months, as output hit a record high in October. Photo: Reuters

China’s industry profit growth slows for 6th month as trade war takes toll

  • Conflict with US continues to weigh on production – industrial profits rose 3.6 per cent last month, down from growth of 4.1 per cent in September

Steel industry profits grew by 63.7 per cent in the first 10 months, as output hit a record high in October. Photo: Reuters
Steel industry profits grew by 63.7 per cent in the first 10 months, as output hit a record high in October. Photo: Reuters
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