SUBSCRIBERS

Industrial profits in China grow faster in Nov, but chance to sustain gains clouded

Published Tue, Dec 27, 2016 · 09:50 PM

Beijing

CHINA'S industrial sector showed the strongest profit growth in three months in November, suggesting the world's second-largest economy was improving, although policymakers noted gains were too dependent on rebounding prices for oil products, iron and steel.

Industrial profits have had a solid rebound this year after falling last year, boosted by a recovery in commodity prices as supply tightened due to a capacity-reduction drive and an infrastructure boom.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here