China industry core earnings fall in Sept; Q3 unemployment stable
Core business revenues at industrial firms decline 0.5%, National Bureau of Statistics data show
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Beijing
PROFITS earned by Chinese industrial companies fell 0.1 per cent in September from a year earlier, data from the statistics bureau showed on Tuesday, levelling after a record 8.8 per cent collapse in August.
Industrial profits - which cover large enterprises with annual revenue of more than 20 million yuan (S$4.4 million) from their main operations - fell 1.7 per cent in the first nine months of the year compared with the same period a year earlier, the National Bureau of Statistics (NBS) said on its website.
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