China’s Industrial Sector Shows Moderate Growth in First Four Months
China’s industrial sector displayed signs of stability in the first four months of 2024, with profits for major industrial firms rising 4. 3% year-on-year. This growth, while modest, suggests a potential recovery after a challenging 2023 that saw profits decline by 2. 3%. The data, released by the National Bureau of Statistics (NBS) on May 27th, indicates a continuation of the trend observed in the first quarter. […]