The profit fall in September for China’s industrial sector marks an acceleration from the drop of 2 per cent in August and is the biggest decline since August 2015. Photo: Reuters

China industrial profits in biggest fall in four years as US tariffs bite

  • Profits at China’s industrial enterprises shrank 5.3 per cent in September, marking the deepest fall in four years, according to data from the National Bureau of Statistics
  • The fall of profits shows trouble for the world’s second biggest economy as the trade war with the US takes toll on China’s economic activity
Topic |   China economy

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The profit fall in September for China’s industrial sector marks an acceleration from the drop of 2 per cent in August and is the biggest decline since August 2015. Photo: Reuters
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