After China's industrial profits surged by 21.6%, U.S. media still insist that it is in trouble, which has now made netizens unable to stand it!

China's industrial profits have just released data showing a significant increase of 21.6% in the latest period, which is the strongest growth in nearly two years. But guess what? Some American media, such as CNBC, are still talking about "China seems to be in trouble."

This 21.6% growth covers multiple key areas, including manufacturing, mining, and utilities. In manufacturing, the profits from electronic equipment, automotive, and machinery industries contributed particularly significantly, with the automotive industry's profits increasing by more than 30% year-on-year. Even CNBC's guests had to admit this.

Data shows that China's electric vehicles achieved new highs in overseas sales, for example, exports to Europe and Southeast Asia increased by nearly 40% year-on-year, directly driving up overall industrial profits.

CNBC's report mentions the data on China's industrial profit growth, but then immediately emphasizes that Chinese companies "may still be in trouble." It's really hard to understand what basis supports this stubborn bias. Can one-sided wishes turn the impossible into possible?

Since 2023, investment in high-tech manufacturing in China has grown by more than 15%, while the share of traditional heavy industries has been declining. This is clearly an optimization and upgrading, but CNBC interprets it as a "crisis signal."

Funny enough, the reaction of American netizens. On the comments section of CNBC's news, many people directly pointed out the bias of the report. One American netizen said that over 60% of the comments were criticizing CNBC for "selectively ignoring the facts." For example, a top-rated comment reads: "The West always calls China's adjustment a crisis, but their profits are rising and exports are reaching new highs. What kind of trouble is this?"

Another American netizen cited data from the International Energy Agency, showing that China's exports in solar energy and electric vehicle battery sectors exceeded $100 billion last year, a 25% year-on-year increase. This is clearly a picture of growth, yet it was forced to be called "collapse," which is why even American netizens can't stand it anymore.

Original: www.toutiao.com/article/1847189234528456/

Statement: This article represents the views of the author.