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Tag: China Steel Industry

  • China industrial firms’ profits down 2% y-o-y during Jan-Sept

    China industrial firms’ profits down 2% y-o-y during Jan-Sept

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    Over January-September, China’s sizable industrial firms saw their gross profits slip by 2.3% on year to Yuan 6.24 trillion ($871 billion) in total, according to the latest data released by the country’s National Bureau of Statistics (NBS) on Thursday morning. For September alone, a narrower on-year decline was seen in these industrial enterprises’ profits –…