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27th Sep 2022 15:02China+, Daily Monitor

  • After a bumper pandemic, Chinese industrial profits are set for a prolonged decline.
  • The manufacturing sector, particularly the privately owned part, faces rising costs and weaker demand.
  • Weaker profits growth means weaker revenue growth for local governments, adding to their woes.

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credit energy energy prices government household demand industrial profits manufacturing soe utilities

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Keywords for: 28 Sept 2022 China+ Monitor

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