China corporate earnings set for biggest jump in a decade ...Qatar

A surge in corporate profits in China may just be the positive catalyst global stock markets need as rising bond yields threaten to derail the rally in equities. Having powered its way out of the coronavirus lockdown to become the only major economy in the world to grow last year, China is also seen taking the lead on earnings recovery from the pandemic. Profits at firms in the CSI 300 Index are expected to jump 28% year-on-year in the fourth quarter, the fastest pace since 2010, according to data compiled by Bloomberg. That’s versus an estimated growth of just 2.2% for the S&P 500 Index. China’s latest results season has assumed greater significance as it could offer clues to how the globa

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Last updated : 13 March 2021 clock 10:00 PM

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China corporate earnings set for biggest jump in a decade ...Qatar

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