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Business Standard

China's Dec industrial profits grow slowly; central bank support likely

Figures for the whole of last year show a rebound, with industrial profits surging 34.3% to $1.37 trillion.

Topics
China economy | Industrial production

Reuters  |  Beijing 

China, China Markets, Chinese Financial Markets
Representative picture.

China's industrial firms saw December profits grow at their slowest pace in more than a year and a half, pointing to cooling demand amid mounting economic challenges for the world's second-largest economy.

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First Published: Thu, January 27 2022. 11:43 IST

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