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China Industrial Profits Plunge in September, Extending Slump

By: NewsFeed

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BEIJING (Reuters) – China’s industrial profits plunged in September, extending their declines with the year’s steepest monthly fall, official data showed on Sunday, as policymakers ramp up stimulus to revitalise economic growth. Profits fell 27.1% in September from a year earlier, following a 17.8%

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