China January- October industrial profits -4.3% y/y

  • the January - September result was -3.5%

October month industrial profits -10% y/y

Data comes from China's National Bureau of Statistics (NBS).

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Industrial profit numbers cover firms with annual revenues of at least 20 million yuan ($2.76 million) from their main operations

China's National Bureau of Statistics released the data on Saturday, the result for manufacturing is