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BEIJING: China's industrial profits grew faster in July buoyed by high-tech manufacturing, even as sluggish domestic demand weighed on the recovery in the world's second-largest economy.
Profits of Chinese industrial enterprises grew more rapidly in July than in June, driven by high-tech manufacturers. The allocation of special treasury bonds for equipment upgrades and consumer ...
July industrial profits +4.1% y/y vs +3.6% y/y in June Jan-July profits +3.6% y/y vs +3.5% y/y in H1 High-tech manufacturing profits +12.8% in Jan-July BEIJING, Aug 27 (Reuters) - China's ...