The headline data is here: China Industrial Profits for April +57.0% y/y (prior +92.3% y/y)
Reuters have a recap up with more:
- "The improvement of corporate performance is still uneven," an NBS official said in a statement accompanying the data.
- "The profitability of some consumer goods industries has not yet recovered to pre-epidemic levels; coupled with the high prices of bulk commodities, this has increased the pressure on the production and operation of midstream and downstream industries."
