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UBS On-Air: Paul Donovan Daily Audio 'Reassuring signals?'
Published 11 months, 3 weeks ago
Description
China’s industrial profits grew in December, with profit margins seemingly more or less stable. This has a bearing beyond China’s borders because if China were “dumping” products by exporting below cost, profitability would suffer. Dumping might still happen in certain sectors, but the official data does not support it happening generally.