Pantheon Macroeconomics

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29th Nov 2021 21:10China+, Economic Monitor, Asia Key Issues

  • October was another strong month for Chinese industrial profits, propelled by coal...
  • ...But coal prices have been slashed, and energy rates hiked, so we expect deceleration from here.
  • China is doubling down on zero-Covid in the face of Omicron, which will prove costly.

china chinese chinese manufacturing cny country economy electricity energy exports focus global government healthcare industrial production industrial profits it manufacturing policy policymakers population prices pricing production profit profits report smes trade yield

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Keywords for: Coal Boosts Profits as Omicron Lurks in the Wings

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