China’s industrial profits grow at slower pace in November


Industrial profits rose 15.5% last month, after gaining 28.2% in October, data from the National Bureau of Statistics showed Sunday.

PROFITS at Chinese industrial enterprises grew at a slower pace in November as producer prices continued to ease.

Industrial profits rose 15.5% last month, after gaining 28.2% in October, data from the National Bureau of Statistics showed Sunday. For the first 11 months of 2020, there were up 2.4% from a year earlier.

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