China September industrial profits +21.6% y/y (prior +20.4%)

Forex Short News

China September industrial profits +21.6% y/y, biggest jump since November 2023

  • prior +20.4%
  • rebound in corporate profitability helped by Beijing’s policies aimed at curtailing fierce price competition

YTD + 3.2% y/y, biggest jump since August 2024

  • prior +0.9%

This article was written by Eamonn Sheridan at investinglive.com.