BEIJING ― China's industrial profits plunged in September, extending their declines with the year's steepest monthly fall, official data showed on Sunday, as policymakers ramp up stimulus to revitalize economic growth.
Profits fell 27.1 percent in September from a year earlier, following a 17.8 percent fall in August, while earnings fell 3.5 percent in the first nine months versus a 0.5 percent rise in the January-August period, according to the National Bureau of Statistics.
