The drop in China’s first-half industrial profits was driven by weaker figures in the car, oil processing and steel sectors. Photo: Xinhua

China’s industrial profits fall 3.1 per cent in June as fears of trade war slowdown grow

  • Earnings drop to US$87.5 billion in month, National Bureau of Statistics says, in first full month of higher US tariffs on Chinese goods
  • Industrial profits for first six months of 2019 slip 2.4 per cent from same period of last year
Topic |   China economy

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The drop in China’s first-half industrial profits was driven by weaker figures in the car, oil processing and steel sectors. Photo: Xinhua
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