By Admin 
China economy: China’s industrial sector suffered a major setback in May 2025 as profits declined by 9.1 percent over the last one year, while in April, there was a 3 percent decline in profit in April. On Friday, the National Bureau of Statistics (NBS) data revealed that the pressure on manufacturers has increased due to weak domestic demand and American tariffs. Due to the low profit in May, the cumulative performance of the first five months of the year also became weak. It is being told that this decline in China’s industrial profit is the biggest decline after 2018.
After all, why was China’s condition battered?
From January to May, industrial benefits have declined by 1.1 percent. Whereas during January to April, it increased by 4 percent. That is, the whole game has deteriorated in a single month. Senior Statisticsian U Veanings in NBS said, “This decline in May has come due to a decrease in domestic demand, falling prices of industrial goods and fluctuations in the sector.” After the US was imposed heavy tariffs in April, many factories were forced to temporarily stop work. This further dropped the profit margin.
Agreement between the two countries in May
Even though by the end of May, there was a trade agreement between China and the US. Both countries also reduced tariffs on each other. The US imposed a tariff of 30 percent on China and China on the import of American goods. The purpose of this agreement for 90 days was to reduce the impact of the tariff war. However, many expoters had to bear the brunt of the production being closed for weeks.
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