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Cornerstone Blog China’s industrial giants see profits in October grow at the fastest pace in nearly nine years

China’s industrial giants see profits in October grow at the fastest pace in nearly nine years

December 2, 2020 by Cornerstone International Group Leave a Comment

China’s industrial giants saw their profits grow for a sixth straight month in October,

indicating continued recovery from the coronavirus pandemic in the world’s second-largest economy.

Profits at Chinese industrial firms rose 28.2 per cent in October from a year earlier to 642.91 billion yuan (US$97.8 billion), almost triple the 

10.1 per cent increase in September,

 National Bureau of Statistics (NBS) data showed on Friday.

Read the full article here…

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Filed Under: Cornerstone Blog Tagged With: #china, #industrialgiants

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