China’s Industrial Profit Growth Slows in June as Exports Offset Weak Domestic Demand - Tekedia

China’s industrial profits rose 15.1% year over year in June, but the pace slowed from May as the economy remained uneven.

Export strength and resilient factory activity helped offset weak domestic demand, which continued to limit broader recovery.

First-half industrial profits were up 18.7%, while auto-sector profits fell sharply amid weaker sales and intense price competition.

The data underscores China’s reliance on external demand, with property stress and soft household spending still weighing on growth and policy support likely in focus.