Chinese industrial profits up 3.3% in 2014, down in Dec: stats bureau

[BEIJING] Profits for large-scale Chinese industrial enterprises rose 3.3 per cent in 2014 from the previous year, the country's statistics bureau said on Tuesday.

The slowdown in China's economic growth, which hit a 24-year low in 2014, dragged on major enterprises in December, when profits fell 8 per cent from a year earlier, it said.

REUTERS