China Industrial Profit Growth Slows Again in June as Retreating Oil Prices Sap Earnings Lift

3-line summary

• China's industrial profit growth slowed again in June, with retreating oil prices cited as sapping the earnings lift, according to the report.
• Corporate earnings had staged one of the strongest turnarounds in the economy this year, swinging from barely positive growth in 2025 to double-digit gains.

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