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Economic Buzz: China Industrial Profits Up 10.1% On Year In August
28-Sep-21   11:09 Hrs IST

China's industrial profits continued to grow at a slower pace as higher input prices as well as shortage of materials lifted production cost, the National Bureau of Statistics reportedly said Tuesday. Industrial profits increased 10.1 percent year-on-year in August, following an annual growth of 16.4 percent in July. During January to August period, industrial profits advanced 49.5 percent from the same period last year.

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