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
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
