China’s industrial profits narrow declines to 1.5% in July as Beijing clamps down on price wars
Robots manufacture auto parts at a factory in Ningde, China, on Oct. 17, 2024. Nurphoto | Nurphoto | Getty Images China’s industrial profits slipped 1.5% from a year earlier in July, marking a notable recovery following months of steeper declines, signaling Beijing’s campaign against price wars has helped ease the strain on company profitability. The […]