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China's industrial profits jumped 21.6% in September, the highest since November 2023

China posted a 21.6% jump in industrial profits for September, the biggest monthly gain since November 2023, driven by government efforts to suppress destructive price wars and stabilize factory income, according to data released Monday by the National Bureau of Statistics (NBS). The rebound followed August's 20.4% growth, continuing a sharp recovery for a sector [...]

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