Business

China's Industrial Profit Growth Slows Amid Oil Price Drop

Updated 2026-07-27 02:10 UTC 1 source Negative

China’s industrial profit growth slowed in June as retreating oil prices dampened earnings. Corporate profits have rebounded from weak 2025 levels, but the recent downturn suggests a potential slowdown in economic recovery.

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CNBC
Corporate earnings have staged one of the strongest turnarounds in the economy this year, swinging from barely positive growth in 2025 to double-digit gains.
2026-07-27 02:02 UTC
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