• About Us
  • Our Contributors
  • Privacy Policy
  • Contact
Friday, May 16, 2025
  • Login
No Result
View All Result
FactFile
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech
    Pakistan, ICMPD Launch FJA-PAK to Combat Online Job Scams and Human Trafficking

    Pakistan, ICMPD Launch FJA-PAK to Combat Online Job Scams and Human Trafficking

    ‘X Unbanned in Pakistan’ After Cowardly Strikes by India

    ‘X Unbanned in Pakistan’ After Cowardly Strikes by India

    When will Starlink Internet Services Launch in Pakistan?

    When will Starlink Internet Services Launch in Pakistan?

    iPhone Price in Pakistan May Hit Rs1 Million Amid Tariffs

    iPhone Price in Pakistan May Hit Rs1 Million Amid Tariffs

    Google Launches Gemini 2.5 Pro

    Google Launches Gemini 2.5 Pro

    Huawei Partners with SIFC to Train 300, 000 Pakistanis in IT Skills

    Huawei Partners with SIFC to Train 300, 000 Pakistanis in IT Skills

  • Entertainment
    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Actress Mandana Karimi bids farewell to Bollywood, Here’s why!

    Actress Mandana Karimi bids farewell to Bollywood, Here’s why!

    From romantic ballads to upbeat hits: Discover the top trending Pakistani Music of 2024

    From romantic ballads to upbeat hits: Discover the top trending Pakistani Music of 2024

    Talha Anjum named Most-Streamed Artist of 2024 on Spotify

    Talha Anjum named Most-Streamed Artist of 2024 on Spotify

    Iain Armitage named world's richest child actor with $6 million net worth

    Iain Armitage named world’s richest child actor with $6 million net worth

    Javed Sheikh makes a surprising revelation about his iconic on-screen look

    Javed Sheikh makes a surprising revelation about his iconic on-screen look

  • Opinion
  • National
  • International
  • Economy
  • Health
  • Science
  • Sports
  • Tech
    Pakistan, ICMPD Launch FJA-PAK to Combat Online Job Scams and Human Trafficking

    Pakistan, ICMPD Launch FJA-PAK to Combat Online Job Scams and Human Trafficking

    ‘X Unbanned in Pakistan’ After Cowardly Strikes by India

    ‘X Unbanned in Pakistan’ After Cowardly Strikes by India

    When will Starlink Internet Services Launch in Pakistan?

    When will Starlink Internet Services Launch in Pakistan?

    iPhone Price in Pakistan May Hit Rs1 Million Amid Tariffs

    iPhone Price in Pakistan May Hit Rs1 Million Amid Tariffs

    Google Launches Gemini 2.5 Pro

    Google Launches Gemini 2.5 Pro

    Huawei Partners with SIFC to Train 300, 000 Pakistanis in IT Skills

    Huawei Partners with SIFC to Train 300, 000 Pakistanis in IT Skills

  • Entertainment
    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Sushmita Sen Backs Return of Pakistani Artists to Bollywood

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Hania Amir Wows with Dance at Maria Unera’s Wedding

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Aishwarya Rai Bachchan’s Car Involved in Accident, Video Goes Viral

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Violence Breaks Out at Sonu Nigam’s Live Concert in Delhi

    Actress Mandana Karimi bids farewell to Bollywood, Here’s why!

    Actress Mandana Karimi bids farewell to Bollywood, Here’s why!

    From romantic ballads to upbeat hits: Discover the top trending Pakistani Music of 2024

    From romantic ballads to upbeat hits: Discover the top trending Pakistani Music of 2024

    Talha Anjum named Most-Streamed Artist of 2024 on Spotify

    Talha Anjum named Most-Streamed Artist of 2024 on Spotify

    Iain Armitage named world's richest child actor with $6 million net worth

    Iain Armitage named world’s richest child actor with $6 million net worth

    Javed Sheikh makes a surprising revelation about his iconic on-screen look

    Javed Sheikh makes a surprising revelation about his iconic on-screen look

  • Opinion
No Result
View All Result
FactFile
No Result
View All Result
China July industrial profits down as COVID curbs, heatwaves hit

China July industrial profits down as COVID curbs, heatwaves hit

by Arshad Khan
August 27, 2022
in Economy
1
Share on FacebookShare on TwitterLinkedIn Whatsapp

Policymakers are striving to prop up flagging economy by doubling down on infrastructure spending.

China July industrial profits down as COVID curbs, heatwaves hit. Profits at China’s industrial firms sank in July, reversing previous gains as fresh COVID-19 curbs dragged down demand and squeezed factory margins, while power shortages due to heatwaves threatened production.

Profits at China’s industrial firms fell 1.1% in January-July from a year earlier, wiping out the 1.0% growth logged during the first six months, the National Bureau of Statistics said on Saturday.

The bureau did not report standalone figures for July.

Factory production and activities in major manufacturing hubs like Shenzhen and Tianjin were hit in the month as fresh COVID curbs were imposed. 

More From FactFile: Apple plans to cut iPhone 14 production lag between China & India

In July, China’s industrial output growth slowed to 3.8% on-year from 3.9% in June.

Searing heatwaves have swept across China’s vast Yangtze River basin since mid-July, hammering densely populated cities from Shanghai to Chengdu.

Liabilities at industrial firms jumped 10.5% from a year earlier in July, matching the 10.5% increase in June, the statistics bureau said.

China’s economy narrowly escaped contraction in the three months to June, as strict COVID control restrictions and a distressed property sector pummelled demand.

Policymakers are striving to prop up the flagging economy by doubling down on infrastructure spending.

The industrial profit data covers large firms with annual revenues of over 20 million yuan ($3 million) from their main operations.

Tags: ChinaCOVID-19HeatwaveShenzhenTianjin
ShareTweetShareSend
Previous Post

Russia a strategic challenge for NATO in arctic, Stoltenberg says

Next Post

IHC larger bench to hear contempt case against Imran Khan

Arshad Khan

Arshad Khan

Related Posts

What Will Be New Petrol Price in Pakistan From May 16, 2025?

What Will Be New Petrol Price in Pakistan From May 16, 2025?

by Arshad Khan
May 14, 2025
0

On April 30, the government had already lowered both petrol and diesel prices by Rs2 per litre. What Will Be...

SBP Gets Second IMF Tranche of $1.023 Billion

SBP Gets Second IMF Tranche of $1.023 Billion

by Arshad Khan
May 14, 2025
0

IMF Approves $1.4 Billion Under Resilience and Sustainability Facility SBP Gets Second IMF Tranche of $1.023 Billion. The State Bank...

PSX stages strong comeback, gains 10,000 points post ceasefire

PSX Stages Strong Comeback, Gains 10,000 Points Post Ceasefire

by Arshad Khan
May 12, 2025
0

The rebound is being hailed as a sign that normalcy is returning to Pakistan’s financial markets after days of uncertainty....

SPARC and SPDC Launch Cigarette Tax Simulation Model 2025–26

SPARC and SPDC Launch Cigarette Tax Simulation Model 2025–26

by Arshad Khan
May 8, 2025
0

SPARC Urges Unified Action, Higher Tobacco Taxes to Protect Youth SPARC and SPDC Launch Cigarette Tax Simulation Model 2025–26. The...

Bloodbath at PSX as Market Plunges Near 7000 Points Due to Pak-India Border Tensions

Bloodbath at PSX as Market Plunges Near 7000 Points Due to Pak-India Border Tensions

by Arshad Khan
May 8, 2025
0

Panic selling was triggered by investor fears of further military escalation and potential economic fallout. Bloodbath at PSX as Market...

easypaisa Digital Bank Posts PKR 840M Profit, Deposits Surge 60%

easypaisa Digital Bank Posts PKR 840M Profit, Deposits Surge 60%

by Arshad Khan
May 6, 2025
0

easypaisa Bank currently operates 25 branches in compliance with regulatory requirements for Digital Retail Banks (DRBs). easypaisa Digital Bank Posts...

SBP Slashes Interest Rates to 11% as Inflation Eases, Eyes Further Cuts by Year-End

SBP Slashes Interest Rates to 11% as Inflation Eases, Eyes Further Cuts by Year-End

by Arshad Khan
May 6, 2025
0

On the external front, SBP’s foreign exchange reserves are projected to reach $14 billion by end-June. SBP Slashes Interest Rates...

Load More
Next Post
IHC larger bench to hear contempt case against Imran Khan

IHC larger bench to hear contempt case against Imran Khan

Canada to provide $5m humanitarian aid for flood victims

Canada to provide $5m humanitarian aid for flood victims

Comments 1

  1. Pingback: China accuses Washington of cyber-spying on university - FactFile

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Facebook Twitter Youtube Instagram LinkedIn
FactFile

Newsletter

Subscribe to receive regular updates from FactFile.
SUBSCRIBE

Categories

  • Business
  • Economy
  • Education
  • Entertainment
  • FactFile
  • Fashion
  • Health
  • International
  • Interview
  • Lifestyle
  • National
  • Opinion
  • People
  • Science
  • Sports
  • Tech

Site Links

  • About Us
  • Our Contributors
  • Privacy Policy
  • Contact

© 2020-25 Daily FactFile

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Fashion
  • Lifestyle
  • Tech
  • Health

© 2020-25 Daily FactFile