Slow pace of growth rates in China's industrial sector

By @ibtimes on

China's industrial-companies profits declined in along with their growth level, which is supporting the speculation that indicated a contraction in the world's second economy, which may add more pressure on China's monetary policy to prevent cut in the tightening policies during the upcoming period.

Where, the company's net profit increased by 25.3% during this year's first ten months and reached 4.12 trillion Yuan ($646 billion dollars), where the profits rose in November by 12.5%, indicating that the majority of expectations goes to that the monetary policy will try to reduce the cut the tightening policies without approaching the interest rates due to the high inflation rates.

Join the Discussion