Workers make glass products at a factory in Hejian, north China's Hebei Province on August 22. China's economy continued its firm growth in the first three quarters of this year, with gross domestic product expanding 6.9 per cent year on year to 59.3288 trillion yuan (about 8.9614 trillion U.S. dollars), official data showed Thursday. Photo: Xinhua

China Inc confounds debt fears as profits strengthen nation’s corporate balance sheets

China’s companies are at their most profitable in five years, with the ability to service interest at multiyear highs, while their aggregate indebtedness has dropped to the lowest in 11 years.

Topic |   China economy

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Workers make glass products at a factory in Hejian, north China's Hebei Province on August 22. China's economy continued its firm growth in the first three quarters of this year, with gross domestic product expanding 6.9 per cent year on year to 59.3288 trillion yuan (about 8.9614 trillion U.S. dollars), official data showed Thursday. Photo: Xinhua
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