China's industrial profits rebound sharply as economy stabilizes
27/9/2023 6:38
Chinese industrial profits rose at the fastest pace in at least more than a year in August, a further sign the economy may be stabilizing.
Industrial profits increased 17.2% from a year earlier, reversing trend after declining in the past five months, according to data published by the National Bureau of Statistics on Wednesday. For the first eight months of 2023, profits fell 11.7% from a year earlier.
Source: Bloomberg
3287.99
1275.09