China's Profit Rebound Hits Speed Bump as Energy Prices Flatten Out China's industrial profit growth, which had been rising steadily for months, slowed to 15.
1% year on year in June, marking a second consecutive month of deceleration. The National Bureau of Statistics released figures showing that profits declined from May's pace.
The slowdown is significant because it suggests China's economy may be losing steam. It also highlights the fragile nature of its industrial sector's recovery.