The growth in China’s industrial profits gathered pace in November, helped by favorable year-ago comparisons and as the effects of the government’s support measures kicked in. Profits jumped 29.5% from a year earlier, accelerating sharply from the 2.7% increase in October, according to data published by the National Bureau of Statistics on Wednesday. The figures are boosted by a low base of comparison last year when economic activity was hampered by strict pandemic controls. The statistics bureau stopped publishing the dataset in the second half of 2022 and resumed early this year, with the numbers showing negative ... (full story)