Markets rally after China's industrial profits jump – business live

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Rolling coverage of the latest economic and financial news

Here’s Reuters’ take on China’s factory profits: China’s recovery has been gaining momentum as pent-up demand, government stimulus and surprisingly resilient exports propel a rebound. Industrial firm profits grew 19.1% year-on-year in August to 612.81 billion yuan , the statistics bureau said. That compares with a 19.6% increase in July and is the fourth straight month of profit growth.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

World domination..... after 🌏 Covid-19 infecting

Thank goodness the stock market is ok!

Has the world put in their compensation bill to China yet?

good

United States United States Latest News, United States United States Headlines