Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July, and rebounding after four months of contraction, the National Bureau of Statistics said on Saturday. Photo: Xinhua

China’s industrial profits show biggest gains in eight months as hopes rise for end to US-China trade war

  • Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July,
  • But deep structural problems in the economy mean rebound from four-month slump could be short-lived, analysts say
Topic |   China economy

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Industrial profits rose by 13.9 per cent year on year in March to 589.52 billion yuan (US$87.5 billion) in the biggest increase since July, and rebounding after four months of contraction, the National Bureau of Statistics said on Saturday. Photo: Xinhua
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Karen Yeung

Karen Yeung

Karen Yeung joined the Post in 2017 after more than 15 years' experience on global newswires in Hong Kong and Shanghai. She spent eight years in Shanghai and has received awards for best feature, analysis and agenda-setting.