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China’s industrial profits climb even as warning signs flash

27/08/2024 06:37

Profits at China’s industrial companies rose at the fastest pace in five months in July, though weak domestic demand is calling into question whether their resilience can last.

Industrial profits at large Chinese companies expanded 4.1% on year, the National Bureau of Statistics said in a statement Tuesday, after a 3.6% gain the previous month.

Source: Bloomberg