Posted inBriefs

Industrial profits fall in Jan-Feb due to virus

Profits from China’s major industrial firms slumped in the first two months of 2020 as the novel coronavirus outbreak dealt a huge blow to industrial production, according to data published by the National Bureau of Statistics on Friday.  Profits from industrial companies above a designated scale totaled 410.7 billion yuan (about US$58.67 billion) in the first two months, […]