(Bloomberg) -- China's industrial-company profits
swelled 42.1 percent in the first five months from a year
earlier, hampering government efforts to cool investment in the
world's fastest-growing major economy.
Combined net income increased to 902.6 billion yuan ($119
billion), the National Bureau of Statistics said today. Total
sales jumped 27.4 percent to 14.2 trillion yuan.
Read more at Bloomberg Emerging Markets News
swelled 42.1 percent in the first five months from a year
earlier, hampering government efforts to cool investment in the
world's fastest-growing major economy.
Combined net income increased to 902.6 billion yuan ($119
billion), the National Bureau of Statistics said today. Total
sales jumped 27.4 percent to 14.2 trillion yuan.
Read more at Bloomberg Emerging Markets News
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