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China’s industrial profit slumps 22.9% in the January to February period

Mar. 27, 2023 1:12 AM ETFXI, PGJ, EWH, CAF, CYB, GXC, TDF, CHIQ, YINN, YANG, CQQQ, CHIX, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KUREBy: Meghavi Singh, SA News Editor11 Comments
  • China’s industrial profit plunged 22.9% in the January to February period compared to a year ago.

  • The reading last saw a 4% fall in industrial profit seen in December, according to Refinitiv data.

  • China’s industrial profit print for the latest period marked the steepest decline since April 2020.

  • ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX), (CYB).

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