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China’s Industrial Profits Show Resilience Amid Trade Pressures
China’s Industrial Profits Show Resilience Amid Trade Pressures
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China’s industrial sector continues to defy expectations, with April profits rising 3.0% year-on-year, outpacing March’s 2.6% growth. The cumulative January-April figure reached 2.1 trillion yuan ($292.28 billion), marking a 1.4% increase that builds on Q1’s 0.8% recovery from earlier declines.
High-tech manufacturing emerges as a standout performer, with profits surging 9.0% year-to-date—7.6 percentage points above the industrial average. The sector’s acceleration to 5.5 percentage points faster growth than Q1 suggests strategic industries are weathering global trade tensions better than traditional sectors.
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