Industrial profits in China recovered during the first ten months of this year, amid an environment of steady economic growth and revival in producer price inflation.
China’s industrial profits rose 9.8 percent in October from a year earlier to CNY616.1 billion (USD89 billion), data released by the National Bureau of Statistics showed Sunday. That was faster than the 7.7 percent increase in September. Earnings in the first 10 months climbed 8.6 percent to CNY5.26 trillion.
"The recovery in profits is welcome. If sustained, it should somewhat alleviate the need for fast credit growth," Bloomberg reported, citing, Alessandro Theiss, Senior Economist, Oxford Economics Ltd.
Meanwhile, rising profits, coupled with a strong rise in the country’s producer prices will help companies tackle the piling corporate debt. However, the imposition of government rules to cool property market speculation will help alleviate the tepid economic recovery.


Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Thailand Inflation Remains Negative for 10th Straight Month in January 



