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

China powers Asian earnings recovery as profits grow 43%

Global economy's pivot to the East accelerates in pandemic

Lightening flashes over Shanghai, China's commercial capital, during a thunderstorm.   © Reuters

SHANGHAI -- Chinese companies are leading the charge in the recovery of Asian corporate earnings, accelerating the shift in the center of global economic power from the West to Asia.

During their most recent quarters, Chinese enterprises grew net profit by 43% from a year earlier, based on results from 201 top-performing, nonfinancial Asian companies. The number outpaces the overall Asian average of 34%.

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