October’s fall in industrial profits to was worse than a 5.3 per cent contraction in September. Photo: EPA-EFE
October’s fall in industrial profits to was worse than a 5.3 per cent contraction in September. Photo: EPA-EFE

China’s October industrial profits post biggest fall since 2011 amid trade war and sliding producer prices

  • Profits at China’s industrial enterprises shrank 9.9 per cent in October from a year earlier, the biggest fall since 2011
  • The contraction shows continued problems for the world’s second largest economy as it battles slow growth amid a trade war with the United States

Topic |   China economy
October’s fall in industrial profits to was worse than a 5.3 per cent contraction in September. Photo: EPA-EFE
October’s fall in industrial profits to was worse than a 5.3 per cent contraction in September. Photo: EPA-EFE
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