China's industrial profit growth eases in March

Industrial profit growth in China slowed down in the month of March from the same period a year ago, the latest data released by the National Bureau of Statistics revealed on Monday. According to the data, earnings at Chinese industrial companies expanded by 5.3% in March compared to a 17.2% growth recorded in the January-February period, while in the Q1 profit increased 12.1% to 1.17 trillion yen.