5.8 C

China industrial profits in April strong again

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Reuters have a recap up with more:

  • “The improvement of corporate performance is still uneven,” an NBS official said in a statement accompanying the data.
  • “The profitability of some consumer goods industries has not yet recovered to pre-epidemic levels; coupled with the high prices of bulk commodities, this has increased the pressure on the production and operation of midstream and downstream industries.”

Link here, worth checking out. 

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