China's Industrial Profits Show Recovery

Published 1 year ago

China's industrial profits increased in April, signaling the potential success of recent stimulus measures amidst US trade tensions. While state-owned enterprises lagged, private and foreign firms saw growth, though challenges with demand and global uncertainties persist.

Profits rose 1.4% YTD (Jan, Apr), up from Q1.
Stimulus includes rate cuts & liquidity boosts.
US-China tariff truce may be temporary.

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