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24th Mar 2023 16:41China+, Daily Monitor

  • China’s industrial profits plunged in January/ February, owing to falling sales and margins.
  • Autos and electronics suffered sharp profit declines, while tobacco and beverages enjoyed profit growth.
  • China’s economic reopening is likely to support a gradual improvement in sales and profits this year.

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Keywords for: 28 Mar 2023 China+ Monitor

Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence