Profit growth for Chinese industrial companies is slowing, according to newly released data,...

|By:, SA News Editor

Profit growth for Chinese industrial companies is slowing, according to newly released data, with net income +24.4% in the first 11 months of 2011 to 4.66T yuan ($737B). This compares to a 25.3% gain in the first 10 months, and a 27% gain in the first three quarters.