China’s industrial profit growth tumbles as raw material prices fall

December 27, 2021 11:11 AM

BEIJING (REUTERS) – Profits at China’s industrial firms grew at a much slower pace in November, the statistics bureau said on Monday (Dec 27), pressured by tumbling prices of some raw materials, a faltering property market and weaker consumer demand.

Source : https://www.straitstimes.com/business/economy/chinas-industrial-profit-growth-tumbles-as-raw-material-prices-fall