China Industrial Profits Soar Most Since 2023 as Deflation Eases

Profits at Chinese industrial enterprises increased the most in nearly two years, as production revs up while declines in factory-gate prices ease amid a government campaign to rein in excess...

By John Liu, Fran Wang · Bloomberg Markets

Profits at Chinese industrial enterprises increased the most in nearly two years, as production revs up while declines in factory-gate prices ease amid a government campaign to rein in excess capacity.