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Industrial companies’ profits in China rose in April as exports returned to growth in the same month, giving a boost to the economy, according to Bloomberg. According to data published by China’s National Bureau of Statistics, profits of major Chinese industrial companies in April increased by 4% compared to the previous year. The April rebound reversed the decline in March, which ended seven consecutive months of growth. Chinese policymakers rely on the country’s industrial producers to offset weak domestic demand and help the economy achieve this year’s growth target of around 5%. However, w…

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