Friday, March 25, 2016

China state firms' Jan-Feb profits fall 14.2 percent y/y

BEIJING, March 25 (Reuters) - Profits from China's state

firms fell 14.2 percent in the January to February period from a

year earlier to 222.61 billion yuan ($34.2 billion), the

Ministry of Finance said on Friday, in a sign of worsening

business conditions from a slowing economy.

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