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China’s industrial firms see 15.5 per cent profit growth in November as economic recovery continues

Summary:
[unable to retrieve full-text content]China’s industrial firms reported a seventh straight month of profit gains in November, supported by strong production and sales, as the recovery from the Covid-19 downturn continued.Profits in the month rose 15.5 per cent year on year to 729.3 billion yuan (US1.9 billion), easing from October’s three-year high of 28.2 per cent, according to figures released on Sunday by the National Bureau of Statistics (NBS).China’s industrial sector has rebounded well from the shock of the pandemic, with…

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[unable to retrieve full-text content]
China’s industrial firms reported a seventh straight month of profit gains in November, supported by strong production and sales, as the recovery from the Covid-19 downturn continued.Profits in the month rose 15.5 per cent year on year to 729.3 billion yuan (US$111.9 billion), easing from October’s three-year high of 28.2 per cent, according to figures released on Sunday by the National Bureau of Statistics (NBS).China’s industrial sector has rebounded well from the shock of the pandemic, with…
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