China’s Industrial Profits Plunge in September 2024

China’s industrial sector faced a severe setback in September 2024. Profits plummeted by 27.1% compared to the same month last year, marking the most significant monthly drop of 2024. The National Bureau of Statistics (NBS) released these figures, highlighting ongoing economic struggles. The automotive industry felt the impact acutely, with profits falling 21.4% year on […]

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