China’s industrial profits down 27.4% in first four months

Home Financial news China’s industrial profits down 27.4% in first four months
2020-05-272020-05-27By finanz.dk
China’s industrial profits down 27.4% in first four months

Via China Daily

Workers are seen at a factory of Great Wall Motors in Yongchuan district of Chongqing, Southwest China, March 18, 2020. [Photo/Xinhua]

BEIJING – Profits of China’s major industrial firms dropped 27.4 percent year-on-year in the first four months of 2020 due to the COVID-19 impact, data from the National Bureau of Statistics showed Wednesday. 


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