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Stronger March China industrial profits add to economic recovery hopes

Economists said that the slower fall in producer prices was driven by recovering global commodity prices and also an uptick in construction activity at home.


PROFITS earned by Chinese industrial companies rose 11.1 per cent in March from a year earlier, adding to signs that the country's economic slowdown may be bottoming out.

Industrial profits rose to 561.24 billion yuan (S$116.7 billion) in March, the National Bureau of...

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