China state firms' profits fall 52.7% year-on-year in Jan-May: finance ministry

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Profits at China's state-owned firms fell 52.7% y/y in Jan-May, according to a statement from the country's Finance Ministry on Monday, to 663.1 billion yuan ($93.67 billion).

FILE PHOTO: A Chinese flag is pictured at Lujiazui financial district in Pudong, Shanghai, China May 22, 2020. REUTERS/Aly Song BEIJING - Profits at China’s state-owned firms fell 52.7% y/y in Jan-May, according to a statement from the country’s Finance Ministry on Monday, to 663.

1 billion yuan .
 

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Could not happen to a nicer bunch of pricks or as they say in the UK...wankers. Long Live Liu Xiaobo

When the all the companies have turned into a huge red in their profits, these greedy Chinese crib about LOSS IN THE PROFITS. BOYCOTT CHINESE, correct the mistake of allowing them and their products now. Otherwise you will not have time to correct at all.

Good. Fuck'em...

But China has saved many lifes.

Indias have decided to Boycott Chinese goods... The profit will further nosedive. Now it is time for US/European and Australians to do the same.

We kinda made them. People who are interdependent don't go to war school of thought. Our money built, employed them, and then we got addicted to cheap stuff. Divest. Invest in central America, Caribbean, or US. But whatever we do, they are coming.

Of course. Chinese are asked to stay at home.

China has a disgraceful government

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