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Economy

Corporate China's profits squeezed in first half

Automakers and developers under pressure as economy loses steam

A man works at a factory in Sichuan Province. China's economic troubles are squeezing the bottom line at a range of industries.   © Reuters

SHANGHAI -- Chinese companies are ailing amid economic woes and the trade war, with roughly half reporting net profit declines or losses for the first six months of 2019.

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