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Article Summary
- China's industrial profits fell by 10% in October
- Deflation worries are lingering in the country
- This decline marks a setback for China's economic recovery
- The drop in profits is attributed to rising costs and weakening demand
- The impact of the ongoing trade war with the US is also mentioned Tone: Concerned and informative
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China's Industrial Profits Fall By 10% In October As Deflation Worries Linger
Industrial profits are a key gauge of the financial health of factories, mines and utilities in China.
https://www.cnbc.com/2024/11/27/chinas-industrial-...
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