China's industrial profits fall in October after two months of growth

China's industrial profits fall in October after two months of growth

The Star Online - Business·2025-11-27 11:05

BEIJING: China's industrial profits fell in October, after two months of growth, official data showed on Thursday, as businesses grappled with lacklustre domestic demand and an export downturn.

The drop could fuel calls for more government support measures to encourage domestic consumption and wean the manufacturing powerhouse off its reliance on exports as China confronts tariffs and growing trade barriers.

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