• China's industrial profits increased less than expected

Market news

27 October 2016

China's industrial profits increased less than expected

Rttnews says that China's industrial profits increased at a slower pace in September, figures from the National Bureau of Statistics showed Thursday.

Industrial profits grew only 7.7 percent year-on-year in September after expanding 19.5 percent in August. The increase in August was the fastest in three years.

During January to September, industrial profits climbed 8.4 percent, the same pace of growth as seen in January to August period.

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