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economic growthCNBC
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84% Informative
China 's industrial profits plunged by 17.8% in August from a year ago , the National Bureau of Statistics said Friday .
That followed a 4.1% year-on-year increase in July , the fastest pace in five months .
For the first eight months , profits at large industrial firms grew at 0.5% to 4.65 trillion yuan ( $663.47 billion ), compared with 3.6% in the first seven months .
Sluggish domestic demand, a prolonged housing downturn and rising unemployment have weighed on the world's second largest economy.
VR Score
93
Informative language
97
Neutral language
50
Article tone
formal
Language
English
Language complexity
38
Offensive language
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Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
1
Source diversity
1
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