Weak Chinese earnings guidance contrasts with solid GDP figures

Net losses and declining profits cascade, from property and steel to entertainment

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The earnings guidance from hundreds of Chinese companies suggests many are struggling even as official statistics show the overall economy growing at the government's targeted pace. © Reuters

KENJI KAWASE

HONG KONG -- A slew of annual earnings previews released by Chinese listed companies show broad weakness, a Nikkei Asia analysis has found, in contrast to the country's relatively solid official gross domestic product data.

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