China Industrial Profits Rise 14.4% as AI Demand Supports Earnings

China’s industrial profits climbed 14.4% in September from a year earlier, as AI-linked manufacturing demand helped lift earnings while weak household spending kept the recovery uneven. The increase was the fastest since June and a rebound from August’s 4.2% rise. Profit growth had slowed for four consecutive months before September. The previous month’s figures are covered in TokenPost’s report on August profits . For January through September, profits were up 15.5% year over year, compared with 15.7% through August. The cumulative growth rate edged lower even as the latest monthly result accelerated.

Source: TokenPost