BEIJING (Reuters) – China’s industrial companies’ profits rose for the second consecutive month and at the fastest pace in more than a year, adding to signs that the country’s economic recovery from the coronavirus crisis is winning impulse. FILE PHOTO: A worker welds a steel bicycle tire at a factory …
Read More »May earnings of Chinese industrial companies register first monthly increase in 6 months
SHANGHAI (Reuters) – Profits from China’s industrial companies rose for the first time in six months in May, suggesting that the country’s economic recovery is gaining ground and improving prospects for manufacturing investment and jobs. Workers wearing face masks after the outbreak of coronavirus disease (COVID-19) load steel products for …
Read More »