September 29, 2024
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Economy

Profits of China’s state-owned companies fell by 2.1% for the year

The profit of China’s state-owned companies in January-August decreased by 2.1% compared to 2023.”, — write: www.epravda.com.ua

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The profit of China’s state-owned companies in January-August decreased by 2.1% compared to 2023.

About this informs Reuters with reference to the announcement of the Ministry of Finance of the People’s Republic of China.

Profits of China’s state-owned companies fell 2.1% year-on-year in January-August, the Ministry of Finance said in a statement posted on its website on Sunday.

We will remind:

Industrial earnings in August 2024 fell down by 17.8% compared to a year earlier.

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