China corporate earnings down for 3rd straight year

1 in 4 listed companies bleed red ink in 2025 amid weak domestic demand

Retailers in China, including supermarkets, have taken a hit amid weakening domestic consumer spending. (Photo by Kentaro Shiozaki)

HONG KONG -- Chinese companies are reporting lackluster earnings, with overall net profit declining in 2025 for the third consecutive year as the property slump dragged on and more retailers posted losses, hurting employment and the economy as a whole.