Profits at China's industrial firms in January-November fell 3.6% from a year earlier, after contracting 3.0% in the first 10 months, according to data the National Bureau of Statistics (NBS) released on Tuesday.
The world's second-largest economy faces headwinds from multiple directions. COVID-19 infections are surging after an abrupt relaxation of harsh restrictions, hitting businesses and consumers, while a weakening global economy is hurting Chinese exports.
Industrial profit data covers large firms with annual revenue above 20 million yuan from their main operations.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
China Jan-Nov industrial profit data shows deepening slumpProfits at China's industrial firms contracted further in the January-November period, when strict COVID 19-related restrictions disrupted factory activity and supply chains as the virus spread through key manufacturing hubs.
Leer más »
China to scrap COVID-19 quarantine for incoming passengersChina will drop a COVID-19 quarantine requirement for passengers arriving from abroad starting Jan. 8, the National Health Commission announced Monday in the latest easing of the country’s once-strict virus-control measures.
Leer más »
China to scrap COVID-19 quarantine for incoming passengersChina will drop a COVID-19 quarantine requirement for passengers arriving from abroad starting Jan. 8.
Leer más »
China to scrap COVID-19 quarantine for incoming passengersPeople coming to China will still need a negative virus test 48 hours before departure and passengers will be required to wear protective masks on board flights.
Leer más »
China to scrap COVID-19 quarantine for incoming passengersChina will drop a COVID-19 quarantine requirement for passengers arriving from abroad starting Jan. 8.
Leer más »
Mainland China reports no new COVID deaths for Dec 25 -China CDCChina reported no new COVID-19 deaths in mainland for Dec. 25, the same a day earlier, the Chinese Center for Disease Control and Prevention said on Monday.
Leer más »