Mainland companies, including factories, were squeezed by rising costs and falling prices in August, with profits falling more quickly during the month than in July. Photo: Reuters

China's industrial profits fall 8.8pc in August compared with year ago

The drop in profits of industrial companies during the month was the biggest annual decline since mainland's National Bureau of Statistics began monitoring such data in 2011

Topic |   China economy

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Mainland companies, including factories, were squeezed by rising costs and falling prices in August, with profits falling more quickly during the month than in July. Photo: Reuters
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