China's Industrial Profits Rise 14% as Global Trade Improves
- Nation’s exporters capitalize on stronger global demand
- Increase follows 23.8% jump in March and 8.5% rise in 2016
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Chinese industrial profits rose 14 percent in April from a year earlier as global trade increased.
Industrial profits climbed to 572.8 billion yuan ($83.6 billion) last month, the National Bureau of Statistics said Saturday. That compares with a jump of 23.8 percent in March, and an 8.5 percent increase last year.