China’s industrial firms’ profitability for January and February (combined) due for release at 0130 GMT, 2130 US Eastern time.
Industrial profits fell 2.3% in 2023
second straightht yearly decline
Late last year ‘green shoots’ on profitability began to emerge. Profits rose 16.8% y/y in December, a fifth month of gains.
This article was written by Eamonn Sheridan at www.forexlive.com.