Tag: China: Industrial firms’ profits up 3.5% y-o-y in Jan-Apr

  • China: Industrial firms’ profits up 3.5% y-o-y in Jan-Apr

    China: Industrial firms’ profits up 3.5% y-o-y in Jan-Apr

    China’s sizable industrial firms saw their gross profits gain 3.5% on year over January-April, or down by 5 percentage points from the first quarter this year, according to the latest release by the country’s National Bureau of Statistics (NBS) on May 27. “Sporadic COVID-19 outbreaks in some regions of China caused a significant impact on…