China's economic recovery hit as profit growth wanes

Growth in Chinese industrial firms' profits slowed last month, adding to evidence the mainland's economic recovery is losing steam.

Net income rose 5.3 per cent to 464.9 billion yuan (HK$580 billion) from last March, down from a 17.2 per cent pace in the first two months of this year, the National Bureau of Statistics said yesterday.

via Business feed http://www.scmp.com/news/china/article/1224933/chinas-economic-recovery-hit-profit-growth-wanes