China’s industrial profit growth slows for first time in 6 months as weak domestic demand bites
Industrial profits rose 21.1% in May from a year earlier, easing from a 24.7% increase in April, according to data released by the National Bureau of Statistics (NBS) on Saturday. China’s industrial profit growth slowed for the first time in six months in May, signalling that stronger exports and higher factory-gate prices were not enough…
