China’s Industrial Profits Slow Amid Economic Cooling | Business and Finance News

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Recorded27 Aug 2026

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China’s industrial profits are cooling as demand weakens, with July growth at just 11.2%—the slowest this year—though first-half gains remain strong at 17.6%. The AI boom is fueling chipmakers’ 18.5% surge and optical fiber firms’ fivefold profit jump, while property-linked sectors like steel, cement, and furniture suffer steep declines. Producer prices also slowed to a three-month low, hinting at fading energy-driven inflation. Economists expect government intervention to stabilize the economy, but a strong rebound seems unlikely amid persistent property woes and sluggish consumer confidence. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b12958548f6006f6

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