ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business trends

China corporate results flash warning sign on economic slowdown

Looser credit helps banks and developers but bad loans on the rise

TOKYO/SHANGHAI -- Falling Chinese corporate profits are flashing a warning sign about the country's deepening economic slowdown, according to an analysis by the Nikkei Asian Review, and easier bank credit can only do so much to keep growth going as bad loans have already hit alarming levels at some lenders.

From carmakers to retailers and commodity producers, company profits are down across most sectors in China for the first nine months of the year, in some cases dramatically. The trade war with the U.S., an outbreak of African swine fever, subsidy cuts and slowing economic momentum have all taken their toll, though a number of online retailers, property developers and banks have continued to expand their profits.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more