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China Industrial Profits data due at the bottom of the hour | Forexlive

China’s industrial firms’ profitability for January and February (combined) due for release at 0130 GMT, 2130 US Eastern time.

Industrial profits fell 2.3% in 2023

  • second straightht yearly decline

Late last year ‘green shoots’ on profitability began to emerge. Profits rose 16.8% y/y in December, a fifth month of gains.