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26th May 2026 18:53China+Daily Monitor
  • Industrial profits accelerated in April, supported by PPI reflation and better margins in the upstream sector.
  • Gains were uneven, skewed towards energy and high-tech sectors, but broader momentum is improving.
  • Profit growth will likely ease later this year as external demand softens and energy-price support fades.

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Keywords for: 28 May 2026 China+ Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence