KURE - China Industrial Profits swings to growth in Jan-Feb

2024-03-27 02:47:38 ET

• Profits earned by Chinese industrial firms increased by 10.2% year on year to CNY 914.06 billion in the first two months of the year, following a 2.3% profit decline for the whole of 2023.
• The latest data suggests China's economic recovery gained steam at the start of 2024 as a result of several Beijing assistance measures.

• ETFs: ( FXI ), ( KWEB ), ( CQQQ ), ( MCHI ), ( ASHR ), ( YINN ), ( TDF ), ( CHIQ ), ( GXC ), ( EWH ), ( KBA ), ( YANG ), ( CXSE ), ( CAF ), ( CWEB ), ( PGJ ), ( KURE ), ( CHIX )....

  Currency: ( CNY:USD )

  More on China

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  • China property crisis: Minister says 'seriously insolvent' firms must go bankrupt

  • Why We Avoid Direct Investments In China

  • China Might Not Be A Paper Dragon In 2024

  • Chinese banks approve $17B of loans for 'white list' real estate projects

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