"China Industrial Profits Rise Most in Three Years as Economy Stabilises"

China Industrial Profits Rise Most in Three Years as Economy Stabilises

NY TIMES by: REUTERSSEPT. 27, 2016, 1:57 A.M. E.D.T.

In China's industrial market this past August, profits rose at the fastest rate in three years. Could it be that the 

second largest economy in the world is finally stabilizing? Steel, oil and auto industries were the driving force in this 

jump. The growth in the market has stabilized, but it is hard to say if it will stay that way. The property market, 

for example, is a "double-edged sword." Although sales improve growth, it also can cause financial risk. The economy is 

way up, especially since last year. Seeing how they do in the fourth quarter will really tell if the economy will remain stable

or not.

I'm glad to see that China's profits are on the rise. I think it's very interesting that suddenly they are up in August 

without much of an explanation. I think that does make it kind of hard to say whether the economy will stabilize or 

not because there are still major fluctuations like these. They could still run into some major problems. I think the author did

 a very good job covering all the possibilities of what could happen and why, while keeping it very informational.

 The use of facts and statistics really makes it impossible to disagree with them. 

http://www.nytimes.com/reuters/2016/09/27/business/27reuters-china-economy-industrial-profits.html?_r=0

Continue reading the main storyShare This Page

• Share
• Tweet
• Email
• More

Continue reading the main storyShare This Page

• Share
• Tweet
• Email
• More