Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters
Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters

China’s small manufacturers endure ‘difficult time’ as surging raw material prices drive up costs

  • Demand for raw materials has surged in China as the economy has recovered from the pandemic, but that has increased costs for downstream manufacturers
  • While big industrial companies have seen profits grow this year, soaring prices for commodities like iron ore are starting to put pressure on smaller firms

Topic |   China manufacturing
Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters
Profits at China’s industrial firms nearly doubled in March from a year ago, as demand for raw materials has increased and the economy recovers from the pandemic. Photo: Reuters
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