Chinese Industrial Profits Decline

LIANYUNGANG, CHINA – AUGUST 27: (CHINA OUT) Employees work on a solar panel production line at Shenzhou New Energy Co., Ltd on August 27, 2012 in Lianyungang, China. Profits for Chinese major industrial companies fell 5.4 percent year on year to 366.8 billion yuan (about 57.7 billion USD) in July, according to the National Bureau of Statistics (NBS). (Photo by VCG/VCG via Getty Images)