China's Industrial Profits Decline, Despite Trade Deal

Chinas industrial profits plummet in October, marking the largest drop since June, as manufacturers grapple with trade issues and production control efforts. Despite a trade agreement reducing tariffs, weak demand and global trade uncertainties persist. Meanwhile, consumer prices unexpectedly grow, ending a year of decline.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.