Profits 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.
Industrial profits fell 3.6% in January-November from a year earlier to 7.7 trillion yuan , according to data released by the National Bureau of Statistics on Tuesday. That compares with a 3.0% drop for January-October.
Despite Beijing ditching some of the world's toughest anti-virus restrictions in early December, and on Monday announcing it would stop requiring
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