(Jan 27): China’s industrial enterprises had their first annual gain in profits since 2021, as producer deflation showed signs of easing in the wake of government efforts to curb excess competition and cut capacity. Profits climbed 5.3% last month from a year earlier, compared with a plunge of more than 13% in November. China’s industry, which is dominated by manufacturing, has suffered from domestic deflation that’s eating away at income and profits. Foreign firms were the only ones that saw an increase in profits, with a 4.2% gain in 2025. State-owned enterprises recorded a 3.9% fall while private companies’ profits were unchanged from a year ago.

Source: The Edge Markets January 27, 2026 03:11 UTC