News

Chinese Industrial Profits Decline

China's industrial companies logged a decline in profits during January to February, the National Bureau of Statistics said Tuesday.

Firms made a profit of CNY 606 billion, down 5.2 percent from a year ago. During the same period of 2011, profits were up 34.3 percent.

In 2011, total industrial profits climbed 25.4 percent.

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Feb 22 at 12:56 UTC