China’s industrial profits return to growth
Gao Yuan
Beijing | Profits at China’s industrial companies rose in April, as a government push for equipment upgrade lifted demand and exports returned to growth, giving a boost to the economy.
Industrial profits at large Chinese companies increased 4 per cent from a year earlier in April, according to data published by the National Bureau of Statistics on Monday. The uptick reversed a drop in March that ended seven straight months of increases.
Bloomberg
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Asia
Fetching latest articles