Source: China – South China Morning PostPrivate enterprises in China’s industrial sector reported a 1.7 per cent drop in profits in the first two months of the year, according to official figures that highlight the challenges they face from the latest Covid-19 outbreak.Over the same period, state-owned enterprises in the sector saw profits rise by 16.7 per cent, according to figures from the National Bureau of Statistics released on Sunday.The Covid-19 outbreaks that have been reported nationwide since late February are exacerbating…Read More