China Industrial Profits Accelerate in September

Chinas industrial profits grew 14.4 percent year on year in September, quickening from August. However, a widening sectoral divide continues to weigh on business earnings across the broader economy.

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A worker works next to a furnace pouring out melted iron at a factory of the Dongbei Special Steel Group Co. Ltd., in Dalian, Liaoning province September 25, 2014.

China's industrial profits rose 14.4% year-on-year in September, quickening from a 4.2% increase in August. The acceleration highlights uneven economic momentum as widening sectoral divides weigh on corporate earnings. Investors face persistent margin pressures across traditional industries despite rapid expansion in technology-driven sectors.

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