Recent data from China’s National Bureau of Statistics has revealed a startling drop in industrial profits, showing a dramatic 17.8% decline year-on-year for August. This downturn marks a stark reversal from the previous month, where profits had increased by 4.1%, reaching a peak not seen in five months. This volatility raises critical concerns regarding the
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In a noteworthy turnaround, the Asia-Pacific markets demonstrated a vigorous rebound on Thursday, signaling potential economic recovery in a region previously clouded by uncertainties. Notably, the mainland Chinese markets are on the verge of extending their streak of gains, with the CSI 300 index achieving a five-day ascent, marking its highest value in nearly two