China industrial profits plunge as weak demand and deflation bite
Steep fall in November nearly wipes out profit growth in 2025 as Beijing steps up pressure on over-investment
Steep fall in November nearly wipes out profit growth in 2025 as Beijing steps up pressure on over-investment

Industrial production and retail sales expand by slowest pace this year as policymakers battle threat of deflation

Deepening decline and weakest retail sales growth in 3 years underline challenge for Beijing

Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity

Beijing faces calls to increase stimulus and support lagging demand in world’s second-biggest economy

Communist party leadership pledges to ‘stabilise’ major engine of economic growth

Beijing should focus more on domestic demand to sustain high economic growth