Asian Economic News

China's Industrial Profit Growth Slows In March

Profit growth at Chinese industrial firms slowed in March, the latest figures from the National Bureau of Statistics showed.

Companies' earnings grew 5.3 percent year-on-year in March, the statistical agency said Saturday. This was weaker than a 17.2 percent growth recorded in the first two months of the year.

In the first quarter, profit rose 12.1 percent annually to CNY 1.17 trillion.

by RTTNews Staff Writer

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