China growth is humming but ‘darker story’ may emerge in 2018

BEIJING: The world’s second-largest economy keeps on delivering positive surprises this year, such as a leap in industrial profits last month. That isn’t stopping worries gathering that 2018 won’t be as bright.

Industrial profits increased 24% in August from a year earlier, the most in four years, compared with the 16.5% pace a month earlier, the statistics bureau said on Wednesday.