Wednesday, January 25, 2017

UPDATE 1-China's 2016 industrial profits rise most in 3 years on commodities recovery

BEIJING, Jan 25 (Reuters) - Profits for China's industrial

firms rose 8.5 percent in 2016, the most in three years, as a

construction boom fueled a months-long rally in prices of

building materials from steel to cement, giving companies more

flexibility to start chipping away at a mountain of debt.

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