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11 months ago

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China industrial profits tumble 18% in April as demand sputters

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China industrial profits tumble 18% in April as demand sputters

Profits at China's industrial firms slumped in the first four months of 2023, official data showed on Saturday, as companies continued to struggle with margin pressures and soft demand amid a faltering economic recovery.

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China industrial profits tumble 18% in April as demand sputters

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China industrial profits tumble 18% in April as demand sputters

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