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China October industrial profits fall for fifth straight month

Slumping sales, rising costs among reasons cited for 4.6% decline
Saturday, November 28, 2015 - 05:50

Beijing

PROFITS earned by Chinese industrial companies fell 4.6 per cent in October from a year earlier, data from the statistics bureau showed on Friday, declining for the fifth consecutive month.

Industrial profits - which cover large enterprises with annual revenue of more than

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