BEIJING  -Profits at China’s industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a faltering economic recovery. Profits fell 20.6 percent in January-April from a year earlier, compared with a 21.4-percent decline in the first three months, … Continue reading China industrial profits tumble 18% in April as demand sputters