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China’s industrial profits extend decline to a fourth straight month, dropping 7.3% in November

Summary
China’s industrial profits extended declines to a fourth straight month, dropping 7.3% in November from a year earlier, signaling that Beijing’s stimulus measures have yet to meaningfully stem the slide in corporate earnings.

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Despite slowdown in November, China's industrial profits for 2024 are on track for the sharpest drop in more than a decade

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Bias Distribution

  • 67% of the sources are Center
67% Center
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YUAN TALKS broke the news in on Thursday, December 26, 2024.
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