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China’s Industrial Profits plunge 9.9% YoY in Oct, Aussie little changed

The latest data published by China’s National Bureau of Statistics (NBS) showed that profits earnt by China’s industrial firms in October plunged by 9.9% YoY vs. a 5.3% sharp drop seen in September.

It marked the biggest fall in profits since 2011.

 

More to come “¦.

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