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

Topic |   China economy

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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
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