China August Industrial Profits -11.7% YTD y/y (prior -15.5%)

<p> China August Industrial Profits -11.7% YTD y/y (prior -15.5%)</p><ul><li>State-owned enterprises earnings -16.5% YTD y/y</li><li>Private-sector companies -4.6%</li></ul><p>For the August month alone IP +17.2% y/y, a more encouraging result. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.