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Economy

China's December industrial profits fall for 2nd straight month

BEIJING (Reuters) -- Profits notched up by China's industrial firms declined 1.9 percent from a year earlier to 680.8 billion yuan ($100.9 billion) in December, the statistics bureau said on Monday.

For the full-year of 2018, industrial profits increased 10.3 percent on an annual basis to 6.64 trillion yuan, versus the 11.8 percent gain in the January-November period, the National Bureau of Statistics (NBS) said on its website.

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