Record fall in China's industrial profit

Source: Bloomberg
© scanpics/RS
Chinese industrial companies' profits dropped 8% in December compared to the previous year, showing the biggest decline in three years and emphasizing slowing economy and harsh drop in commodity prices. As a result, coal mining profit diminished by 46.2% in 2014, while oil, as well as nuclear fuel, lost 79.2%. However, profits in vehicle production rose by 18.1%. 
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