Chinese SOEs Profits Rise 25.3% in Jan-Feb
WORLD
11:16: Dec-16, 20
Chinese State-owned enterprises (SOEs) saw profits rise 25.3 percent in the first two months of 2018 as the economy kicked off the year with better-than-expected performance, official data showed Wednesday.
Combined SOE profits rose to 367.3 billion yuan (around $58.5 billion) for the January-February period, the Ministry of Finance said.
(Source: China Daily)
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