Free Trial

CHINA: The Malaise for China Industrial Companies Continues. 

CHINA
  • China’s industrial profits for November fell -7.3% y/y.
  • This compared to the -10% decline for October.
  • The year to date result was a decline of -4.7% at CNY6.6tn.   
  • This is the fourth consecutive month of declines, capturing the period from when stimulus measures were first announced and highlights the ever present malaise for Chinese industrial companies, driven by the declining property sector. 
image
62 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • China’s industrial profits for November fell -7.3% y/y.
  • This compared to the -10% decline for October.
  • The year to date result was a decline of -4.7% at CNY6.6tn.   
  • This is the fourth consecutive month of declines, capturing the period from when stimulus measures were first announced and highlights the ever present malaise for Chinese industrial companies, driven by the declining property sector. 
image