Industrial companies' profits in China fell by 8.4% in November on a yearly basis, continuing the downward trend in the previous three months. According to a National Bureau of Statistics (NBS) statement, the total profit of industrial enterprises with an annual turnover of more than 20 million yuan (about $2.74 million) reached 6.67 trillion yuan (about $913 billion) in the January-November period of 2024. Total profits fell by 4.7% in ...