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Mint Quick Edit | A slump in the profits of China’s big industrial firms is a fresh sign that its economy is weakening

Mint Quick Edit | A slump in the profits of China’s big industrial firms is a fresh sign that its economy is weakening

Mint Quick Edit | A slump in the profits of China’s big industrial firms is a fresh sign that its economy is weakening


On Saturday, data issued by its National Bureau of Statistics showed profits for big Chinese industrial firms (with annual sales of above 20 million yuan or $2.9 million) slumped 13.1% from a year earlier in November, worse than the 5.5% fall in October.

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