Car manufacturing profits in China declined 19 per cent between January and August. Photo: Xinhua

China’s industrial profits contract in August as economy battles slow growth amid trade war with US

Profits at China’s large industrial firms fell 2 per cent in August, with a year-to-date decline of 1.7 per cent
The National Bureau of Statistics blamed slowing sales, a drop in product prices and super typhoons that impacted manufacturing

Topic | China economy

Amanda Lee in Beijing

Published: 1:06pm, 27 Sep, 2019

Updated: 8:52pm, 27 Sep, 2019

Car manufacturing profits in China declined 19 per cent between January and August. Photo: Xinhua

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Amanda Lee

Beijing-based correspondent Amanda Lee covers markets and the economy for the Post, with an interest in China's economic and social landscape. A graduate of the London School of Economics, she joined the Post in 2017 and has previously worked for Thomson Reuters and Forbes.