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China economy: ‘uneven’ corporate performance in spotlight as industrial profit growth slows in April

Summary:
[unable to retrieve full-text content]With high commodity prices preventing many factories from being able to turn a profit, overall earnings at China’s industrial firms grew at a slower pace in April.Prices of some raw materials, along with weaker performance in the consumer goods sector, appear to be taking a considerable toll on bottom lines in the “world’s factory”. Several bulk commodities, especially metals, saw record-setting prices earlier this month but have come down slightly since.For April, profits at China’s industrial…

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[unable to retrieve full-text content]
With high commodity prices preventing many factories from being able to turn a profit, overall earnings at China’s industrial firms grew at a slower pace in April.Prices of some raw materials, along with weaker performance in the consumer goods sector, appear to be taking a considerable toll on bottom lines in the “world’s factory”. Several bulk commodities, especially metals, saw record-setting prices earlier this month but have come down slightly since.For April, profits at China’s industrial…
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