Chinese corporate profit growth shrinks amid property curbs

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
In October Chinese corporate profit growth slowed down, said the National Statistics Bureau. The net income for industrial companies added 12.5% in October on yearly basis losing about a half the 27% pace from previous 3 quarters this year. Corporate profit growth in China is sluggish as Europe struggles to tackle its debt crisis which is hurting exports demand.

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