China's Industrial Profit Growth Decelerates to Year's Slowest Pace in June

Profit growth at China's industrial companies slowed to 15.1% year-on-year in June, down from 21.1% in May, marking the lowest pace this year. This official data from the National Bureau of Statistics highlights an uneven economic rebound, with significant contributions from electronics and raw materials, but other sectors facing pressure from rising input costs and weak demand.