Profits of industrial companies in China drop 4.7% in December

Market news

27 January 2016

Profits of industrial companies in China drop 4.7% in December

China's National Bureau of Statistics (NBS) said on Wednesday that profits of industrial companies in China declined 4.7% in December from a year earlier, after a 1.4% fall in November.

In 2015 as whole, industrial profits fell 2.3% from a year earlier.

Profits in the mining sector dropped 58.2% in 2015, while manufacturing profits rose 2.8%.

U.S.: New Home Sales, December 544 (forecast 500)

The German government cuts its growth forecasts for 2016

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.