China December 2024 Industrial Earnings +11% y/y

China December 2024 Industrial Earnings +11% y/y

• prior -7.Three%

Industrial Earnings YTD -Three.Three% (ie in 2024 earnings fell Three.Three% y/y, worse than the two.Three% decline for all the 2023)

• prior -Four.7%

We additionally had January 2025 PMIs, which have been nicely beneath estimates:

• China official PMI knowledge for January 2025: Manufacturing 49.1 (anticipated 50.1)

—

Industrial revenue numbers cowl corporations with annual revenues
of at the very least 20 million yuan ($2.74 million) from their important
operations.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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