China’s Industrial Profits Grow at Slower Pace

The video discusses China's economic performance, highlighting year-over-year comparisons of industrial profits and other economic indicators. Despite a slowdown in growth compared to the previous year, the numbers remain strong. Smaller companies face challenges due to rising commodity prices, while larger companies benefit. Bloomberg's indicators suggest stabilization, with China's economy projected to grow by 8.5% in 2021. Business confidence is high, and PMI data indicates a steady recovery, with exports and factory gate prices showing strength.

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