China's June industrial profits rise 20%

China and Japan, two major U.S. trading partners, are also the top two foreign holders of Treasuries with a combined holdings of $2.25 trillion in December.

BEIJING: Profits at China's industrial companies in June rose 20 percent from a year earlier, the statistics Bureau said on Friday, versus 21.1 percent gain in May.

Industrial profits increased 17.2 percent in the first six months of 2018 from same period last year, versus a 16.5 percent increase in the January-May period.