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China’s industrial profits drop 0.3% at start of the year as tariff risks loom

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91% Informative

Profits at industrial firms have declined for three consecutive years , reinforcing calls for policymakers to step up support for the faltering economy.

U.S. President Donald Trump has imposed 20% additional tariffs on Chinese goods in just a little over two months in office.

Beijing has set an ambitious growth target of " around 5% " for this year , a target that analysts say will require stronger stimulus measures.

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