BEIJING, May 27 (ABC): Profit growth of China’s major industrial firms slowed during the first four months of 2022, weighed down by the resurgence of domestic COVID-19 cases, official data showed on Friday. Firms with annual main business revenue of at least 20 million yuan (about 2.97 million U.S. dollars) saw profits grow 3.5 percent year on year in the …
China’s industrial profit growth slows in Jan-April
