CHINA’s industrial profits rose for a second straight month in April, with their growth improving despite US tariffs and persistent deflationary pressures, thanks to Beijing’s measures aimed at supporting businesses. Cumulative profits at major industrial firms climbed 3 per cent last month compared to a year earlier, official data showed, accelerating from a 2.6 per cent growth in March, reports CNBC. In the first four months this year, industrial profits rose 1.4 per cent, year on year,...
https://www.seanews.com.tr/chinas-industrial-profit-growth-accelerates-in-april/203380/