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Industrial profits

Industrial profits latest

China: Industrial Profits Soar to $111.5 Billion
December 27th, 2020 - 01:45 GMT

China: Industrial Profits Soar to $111.5 Billion

Profits at China’s industrial firms grew robustly in November for a seventh month of gains, supported by strong industrial production and sales, as manufacturers continue their recovery from the COVID-19 downturn. Profits at Chinese industrial firms rose 15.5% from a year earlier to 729.32 billion yuan ($111.50 billion), easing from October’s three-year high 28.2%, data from National Bureau of Statistics showed on Sunday, Reuters reported. China’s industrial sector has seen ...
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