Profits of top industrial firms fall 2.3% last year | World Business Watch

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China's weak economic recovery faces another setback. Profits of China's industrial firms fell 2.3% in 2023. That's the second straight year of declining profits due to sluggish demand.

#china #industrial #economy

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Besides real estate sector also climate policies from geopolitical side, steel makers will have hard times ahead. Steel town rankings alrdy fallen off cliff

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