China’s industrial profit declined again in Mar, foundation for recovery still not solid
China’s industrial profit declined again in Mar, foundation for recovery still not solid

China’s industrial profit declined again in Mar, foundation for recovery still not solid

 

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Chinese industrial companies' profit extended a growth trend in the first quarter of the year as the government's supportive policy gradually kicks in, but the growth in March turned negative in March as the foundation for the recovery remained was not solid.

Industrial companies' profit reached 1.51 trillion yuan in the quarter, rising by 4.3% from the year-ago period, slowing from the 10.2% growth for the first two months, rising for the third consecutive quarter, and compared to . . .

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