Mumbai, Nov. 27 -- China's industrial profits fell in October, after two months of growth, official data showed on Thursday, as businesses grappled with lacklustre domestic demand and an export downturn. Industrial profits at China's industrial firms declined 5.5% year-on-year in October, data from the National Bureau of Statistics showed on Thursday, after jumping 21.6% in September and 20.4% in August. Growth in industrial profits was 1.9% in the first 10 months versus a 3.2% rise in the January-September period.
Published by HT Digital Content Services with permission from Capital Market....