China January- October industrial profits -4.3% y/y
the January – September result was -3.5%
October month industrial profits -10% y/y
Data comes from China’s National Bureau of Statistics (NBS).
***
Industrial profit numbers cover firms with annual revenues
of at least 20 million yuan ($2.76 million) from their main
operations
This article was written by Eamonn Sheridan at www.forexlive.com.
