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China's industrial profits slump for second month in May

Summary by Ground News
Industrial profit grew 1.0 per cent in January-May compared with a 3.5 per cent gain in the first four months. The industrial profits data covers large firms with annual revenues above 20 million yuan ($2.98 million) from their main operations. ($1 = 6.7190 Chinese yuan)

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  • 40% of the sources are Center, 40% of the sources lean Right
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The Straits Times broke the news in Singapore on Monday, June 27, 2022.
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