China January- October industrial profits -4.3% y/y

• the January – September result was -3.5%

October month industrial profits -10% y/y

Data comes from China’s National Bureau of Statistics (NBS).

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Industrial profit numbers cover firms with annual revenues
of at least 20 million yuan ($2.76 million) from their main
operations

This article was written by Eamonn Sheridan at www.forexlive.com.