China’s economy has been sluggish over the past two years, and the manufacturing sector is in crisis.
Industrial profits in China have been declining for four consecutive months. In August 2024, profits fell by 18% year-on-year. In September, the decline deepened to 27%. October saw a 10% drop, and November recorded a 7% decrease.
Join this channel to get access to perks:
https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join
#chinaobserver
All rights reserved.
⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news
⭐For business cooperation, please contact us: business@chinaobserver.co