TOKYO -- Chinese listed companies are still suffering from weak earnings. Net profit for 2024 at roughly 5,200 companies fell 13% from the previous year, marking the second straight year of decline and the first back-to-back drop since 2000.
Companies
Corporate China posts second straight year of falling profits
Real estate and consumer sectors remained sluggish in 2024
Shutters are closed in a shopping mall in Beijing: Subdued consumer spending is only one drag on the country's economy. (Photo by Tomoki Mera)
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