Mon, 29 Apr 2013 06:13:03 GMT
China industrial profit growth decelerates as economic recovery declines
Growth in profits of Chinese industrial companies slowed down in March, indicating that the recovery of state's economy is losing steam. It is said that net income rose 5.3% from a previous year to 464.9 billion Yuan ($75 billion), compared to 17.2% growth in the first two months, during which profit increased 12.1% to 1.17 trillion Yuan. Due to investors'