China's Economy is on Fire... Maybe Not Literally, But Still!

Wake Up and Smell the Industrial Revolution!

Alright alright alright! Donkey here reporting live from... well not China but close enough in my mind! Turns out China's industrial profits they're climbin'! Like me climbin' up to Dragon's tower! They went up for the *second* month in a row even with those silly ol' tariffs and some uh 'deflationary pressures'. What even *is* 'deflationary pressures'? Sounds like somethin' Lord Farquaad would complain about! Anyway they up 3% last month! I tell you that’s some serious cheddar!

High Tech Heroes to the Rescue!

Now get this! Those fancy equipment and high tech companies they're the real MVPs! They're makin' bank and makin' China look good while they're at it! Kinda like me makin' Shrek look good... with my sparkling personality of course! Those industries are really on fire but not the kind of fire where you call the fire department because this is good fire!

Tariffs: The Ultimate Buzzkill (Almost)

So remember those HUGE tariffs? Like 145% HUGE?! That's like charging Shrek 145% extra for a mud bath! But guess what? China's still sellin' stuff to other places! They just shrugged it off. 'Cause that's what a Donkey and China do. They adapt improvise and overcome. But now those tariffs are a bit lower at 51.1% but China's tariffs on the U.S. are 32.6%. That is still quite a lot! I still wouldn't want to pay it.

Mining? More Like MINE ing for Trouble!

Now it ain't all sunshine and rainbows. The mining sector? Yeah they took a nosedive. Down 26.8%! Ouch! That's gotta hurt worse than gettin' kicked by Dragon! But hey the other sectors are pickin' up the slack. Electricity heating gas and water... they're doin' alright alright alright!

State vs. Private: The Epic Showdown!

So the state owned companies they're kinda draggin' their feet. Profits down 4.4%. But the private companies? And the ones with foreign investments? They're like 'Hold my Donkey sized drink!' and profits are up! 4.3% and 2.5% respectively. That's the spirit!

Buckle Up Buttercup! It Ain't Over Yet!

Now some smarty pants statistician named Weining Yu says there's still 'uncertainty in the external environment'. Sounds scary right? And the auto industry is in a 'price competition' which I guess is like a beauty contest but for cars? And the clothes industry is gettin' dumped. So it ain't all perfect but hey at least things are lookin' up! Just remember when life gives you lemons make lemonade... or better yet get Shrek to make you a swamp smoothie!