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China's National Bureau of Statistics released its industrial profits data for China on Monday. Industrial profits in China fell 2.7% year-over-year in the first quarter of 2015 to 1.25 trillion yuan.
Industrial profits declined 0.4% from a year ago to 508.61 billion yuan.
Mining profits plunged 61% in the first quarter of 2015 from a year earlier, while manufacturing profits rose by 4.9%.
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