Brian The Empire 21
China’s May industrial profits fall 9% amid economic stress & trade war with US
Amid slowing factory output, persistent economic stress, and ongoing trade war with the United States, Chinese industrial profits fell sharply in May by 9.1% compared to the same period last year.
Robotic arms assemble cars in the production line for Leapmotor’s electric vehicles at a factory in Jinhua, Zhejiang province, China, April 26, 2023. (China Daily via Reuters/File Photo)
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