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28th Nov 2022 07:24China+, Daily Monitor

China’s industrial profits fell faster in October, owing to Covid-related disruptions and soft price trends.

Autos and equipment manufacturing are exceptions; profits are rising thanks to policy support.

Changing Covid policy holds the key to an eventual improvement in broad industrial profits.

autos equipment industrial profits manufacturing policy profits

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Keywords for: 29 Nov 2022 China+ Monitor

autos, equipment, industrial profits, manufacturing, policy, profits, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence