PBOC


2024-09-27

[News] China’s Industrial Profits Fall in August as Central Bank Unleashes Strong Stimulus for Weak Economy

China's industrial enterprises' profits saw a significant decline in August, according to data released by the National Bureau of Statistics on September 27. In August, industrial profits fell by 17.8% year-over-year, a sharp decline from July’s 4.1% increase, marking a 21.9 percentage point decre...

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