Tag: China.steel
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NBS: China industrial firms’ Jan-Aug profits fall 2% YoY
China’s sizable industrial firms saw their gross profits decline by 2.1% on year to total Yuan 5.53 trillion ($772 billion) over January-August, as against the 1.1% on-year dip for the first seven months, according to the latest data released by the country’s National Bureau of Statistics (NBS) on Tuesday morning. For August alone, these industrial…