Mumbai, March 27 -- China's industrial profits slipped in the first two months of 2025, as businesses navigate persistent deflationary pressures and an escalating trade war with the United States.
Industrial profits fell 0.3% in the January-February period from the same period last year, according to data released by the National Bureau of Statistics (NBS). That compared with an 11% increase in earnings in December.
Profits at state-owned firms rose 2.1% in the first two months, foreign firms recorded a 4.9% gain and private-sector companies posted a 9% fall, according to a breakdown of the NBS data.
Industrial profit numbers cover firms with annual revenue of at least 20 million yuan ($2.75 million) from their main operations.
The econ...