China's industrial profits fell 13.1% year-on-year in November 2025, the steepest drop in 14 months, as deflation and weak demand weigh on growth.

China's industrial profits fell 13.1% year-on-year in November 2025, the steepest drop in 14 months, as deflation and weak demand weigh on growth.

China's industrial profits saw a double-digit rise in May, though at a slower pace, underscoring the economy's reliance on factories and exports amidst weak domestic demand. While…