China Industrial Profits Growth Loses Steam China’s industrial profits barely grew in Jan–Nov 2025 as weak demand and rising costs weighed on year-end performance, with November seeing a sharp contraction. Industrial profits up just 0.1% YoY to CNY 6.63 trillion Growth slowed sharply from 1.9% in Jan–Oct SOEs and private firms both slipped; foreign firms lost momentum Strong gains in tech, utilities, autos, and manufacturing Heavy losses in coal, oil & gas, textiles, and chemicals November profits fell 13.1% YoY, worse than October #ChinaEconomy# #IndustryReport# #economicindex# #MacroGlobalMarkets# #ManufacturingIndex# #AsianMarket#