Industrial profits in China are being underpinned by both improving domestic consumption and external demand (let's see how next month goes for external demand given renewed shutdowns in Europe and the US) China's National Bureau of Statistics reporting profit surged 28.2% in October over the same month last year.
Thursday, November 26, 2020
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China Industrial Profits for October +28.2% y/y (prior +10.1%)
China Industrial Profits for October +28.2% y/y (prior +10.1%)
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