Industrial firms saw profits fall by 27.4 per cent over the first four months of 2020. Photo: AP
China’s industrial giants remain under pressure as profits continue to decline, but at slower pace
- From January to April, China’s industrial giants’ profits were down 27.4 per cent
- This was a further slight improvement from the 36.7 per cent drop over the first three months, and the record 38.3 per cent drop from a year ago in the first two months of 2020
Topic |
China economy
Industrial firms saw profits fall by 27.4 per cent over the first four months of 2020. Photo: AP