A man works in front of a furnace at a steel plant in Dalian, Liaoning province. The country’s steel output surged to a record in May as mills ramped up production to chase fat profit margins. Photo: Reuters
China’s industrial profits keep up sizzling pace despite trade row worries
Firms notch up profits of US$92 billion in May, up 21.1 per cent from a year ago, driven by heavy industry including steel and chemicals
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China economy
A man works in front of a furnace at a steel plant in Dalian, Liaoning province. The country’s steel output surged to a record in May as mills ramped up production to chase fat profit margins. Photo: Reuters