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[ad_1] © Reuters. FILE PHOTO: A employee carrying a face masks works on a manufacturing line manufacturing bicycle metal rim at a manufacturing facility, because the nation is hit by the novel coronavirus outbreak, in Hangzhou, Zhejiang province, China March 2, 2020. China Every day by way of REUTERS/File Ph SHANGHAI (Reuters) -Earnings at China's industrial companies sank in July, reversing earlier positive factors as recent COVID-19 curbs dragged down demand and squeezed manufacturing facility margins, whereas energy shortages attributable to heatwaves threatened manufacturing. Earnings at China's industrial companies fell 1.1% in January-July from a 12 months earlier, wiping out...
