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Industrial profits rise 106% in Jan-April


Industrial profits rise 106% in Jan-April
By ZHANG YUE |
China Daily |
Updated: 2021-05-28 07:06
An employee of a chemical fiber processing plant in Suzhou, Jiangsu province, scans product information code. [Photo/Xinhua]
Better demand, lower costs help fuel recovery in manufacturing sector, says NBS
Profits at China s major industrial firms grew at a steady pace in the first four months of the year as the country s economic recovery gained further momentum, official data showed on Thursday.
China s industrial firms with annual business revenue of at least 20 million yuan ($3.12 million) saw their combined profits rise 106 percent on a yearly basis during the January to April period to 2.59 trillion yuan, according to the National Bureau of Statistics. ....

Zhu Jing , Zhu Hong , National Bureau Of Statistics , National Bureau , Jan April , ஜு ஜிங் , ஜு ஹாங் , தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , தேசிய பணியகம் ,

DRC stares at $3.7b loss in skewed mining deals


The East African
Monday May 24 2021
A worker drives a fork-lift past a machine pouring a mixture of copper and cobalt in a bag at the STL (Société pour le traitement du terril de Lubumbashi) processing plant in Lubumbashi. PHOTO | AFP
Summary
Kinshasa has already lost out on nearly $2 billion in revenue by selling mining and oil assets to an Israeli billionaire, according to a coalition of Congolese and international organisations.
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Democratic Republic of Congo leader Félix Tshisekedi is seeking a review of some mining contracts with foreign companies as a lobby warns that the country will potentially lose at least $3.7 billion in skewed mining and oil deals with controversial Israeli billionaire Dan Gertler. ....

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