2023-03-27 01:12:01 ET
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China’s industrial profit plunged 22.9% in the January to February period compared to a year ago.
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The reading last saw a 4% fall in industrial profit seen in December, according to Refinitiv data.
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China’s industrial profit print for the latest period marked the steepest decline since April 2020.
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China’s industrial profit slumps 22.9% in the January to February period