Chinese industrial companies’ profits increased 4.9% YTD, the slowest pace on record, as the...

|By:, SA News Editor
Chinese industrial companies’ profits increased 4.9% YTD, the slowest pace on record, as the economy cooled and commodity prices plunged. Last year at this time, profits were up 36.7%. Overcapacity in almost all industries and unprecedented drops in commodity prices may hurt profits further.