China data - August industrial profits +9.2% y/y (prior +16.2%)

Trade disputes impacting?

At 9.2% y/y its the slowest growth since December of 2016

-

This data point covers larger firms (>20mln yuan annual revenues)

-

ps. China PMIs are coming up, the official survey manufacturing and non manufacturing will be out over the weekend, along with the private survey Caixin manufacturing PMI