Economic Buzz: China industrial profits surge in September

China's industrial profits increased sharply in September despite continuing trade tensions with the US.

Industrial profits advanced 21.6 percent in September from the previous year, data from the National Bureau of Statistics showed Monday.

Profits logged its fastest growth since November 2023. The latest figure followed an increase of 20.4 percent in August.

During January to September, industrial profits registered an annual growth of 3.2 percent, data showed.

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