Industrial profits dip again: China sees sharp fall in May; Donald Trump's tariffs, price wars add pressure
Friday, 27 June 2025 () China's industrial profits saw a sharp decline in May. This reverses a previous recovery. Factory activity slowed down. Deflationary pressures increased. Trade instability with the United States continues. Data from the National Bureau of Statistics reveals a 9.1 percent year-on-year drop. Weak domestic demand and property sector issues persist. Experts suggest more policy support is needed for recovery.
U.S. President Donald Trump and Chinese President Xi Jinping are expected to speak soon amid escalating tensions over critical mineral trade. Treasury Secretary Scott Bessent confirmed that China may..
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Xi Mingze, Chinese President Xi Jinping’s only daughter, is back in headlines amid US-China tensions. The Harvard-educated Xi reportedly resides in Massachusetts under tight security. Her speculated..
Friday, 27 June 2025 ()
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