Companies Profit in China Starts Slow

China’s industrial-companies profits declined in along with their growth level, which is supporting the speculation that indicated a contraction in the world’s second economy, which may add more pressure on China’s monetary policy to prevent cut in the tightening policies during the upcoming period.

Where, the china’s industrial enterprises posted an annual increase of 25.3% in profit in the first 10 month of 2011 and reached 4.12 trillion Yuan ($646 billion dollars) and 27% rise in the first three Quarters ,the national bureau of statistics (NSB) said in a statement on Sunday.

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financial astrologer mr. rajeev prakash

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