Profits at China's industrial firms bounced back to growth in June, bolstered by the resumption of activity in major manufacturing hubs, but worries about a COVID-19 resurgence have cast a shadow over future factory output.
Profits in June grew 0.8% from a year earlier, rebounding from a 6.5% decline in May, according to data released by the National Bureau of Statistics on Wednesday.
China's economy braked sharply in the April-June quarter, highlighting the colossal toll on activity from widespread lockdowns that hit domestic consumption and business confidence.
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