China’s industrial giants rebound for third successive month in July as coronavirus recovery continued

• Industrial firms saw a year on year increase of 19.6 per cent in July, accelerating from an increase of 11.5 per cent in June, the fastest pace since June 2018
• In the first seven months of the year, however, profits fell by 8.1 per cent, with May, June and July representing the only months of growth in 2020