Monday , May 10 2021
Home / South China Morning Post / China economy: industrial giants see profits rise over 90 per cent in March

China economy: industrial giants see profits rise over 90 per cent in March

Summary:
[unable to retrieve full-text content]Profits at China’s industrial firms grew sharply in March from a low base a year ago, as demand for raw materials surged along with the economic recovery, but the pace of growth slowed, official data showed on Tuesday.Profits rose to 711.18 billion yuan (US9.6 billion) in March, up 92.3 per cent from a year ago, when the economy was hard hit by the coronavirus crisis, data from the National Bureau of Statistics (NBS) showed.The pace of growth slowed from the first two months of the year…

Topics:
Reuters considers the following as important:

This could be interesting, too:

Tyler Durden writes Uneven Recovery Leaves Working-Poor Communities In The Dust 

Tyler Durden writes Biden Gives Beijing Reason To Dump More Treasuries

Tyler Durden writes Lessons From Steve Cohen And Jerry Seinfeld

Tyler Durden writes Liz Cheney Faces Chopping Block As GOP Braces For Chaotic Week

[unable to retrieve full-text content]
Profits at China’s industrial firms grew sharply in March from a low base a year ago, as demand for raw materials surged along with the economic recovery, but the pace of growth slowed, official data showed on Tuesday.Profits rose to 711.18 billion yuan (US$109.6 billion) in March, up 92.3 per cent from a year ago, when the economy was hard hit by the coronavirus crisis, data from the National Bureau of Statistics (NBS) showed.The pace of growth slowed from the first two months of the year…
About Reuters

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.