CHINA’s industrial profits returned to growth in the first quarter, official data showed but are likely to come under further pressure amid a trade war with the United States. With Washington’s aggressive tariffs threatening to hit China’s crucial export engine and no time frame yet for any bilateral trade talks, economists and investors are waiting for the Chinese government to roll out more support measures to cushion the blow to the world’s second-largest economy. Cumulative profits of...
https://www.seanews.com.tr/q1-industrial-profits-in-china-return-to-growth-amid-tariff-woes/203127/