China's Industrial Profits Continue to Grow Despite Trade Tensions

1 min read
Source: CNBC
China's Industrial Profits Continue to Grow Despite Trade Tensions
Photo: CNBC
TL;DR

China's industrial profits increased by 3% in April despite ongoing U.S. tariffs and economic challenges, with manufacturing activity contracting and exports to the U.S. declining, but overall exports rising due to shipments to Southeast Asia.

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