China Oct industrial profits narrow decline but demand remains weak

By Qiaoyi Li, Joe Cash and Liangping Gao BEIJING (Reuters) -China’s October industrial profits narrowed their earlier declines, helped by a low base the previous year, official data showed on Wednesday, but headwinds on earnings remain stiff with the economy still battling weak demand and deflation pressures. China’s sprawling industrial sector, which includes mining, processing…

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