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. Last Updated: 07/27/2016

China Sector in Red

BEIJING ) -- Losses in China's huge state-owned industrial sector have climbed in the first nine months of this year, figures released Monday showed. At loss-making enterprises covered in the state budget, the red ink totaled 14 billion yuan ($1.7 billion), up 23 percent from January-September last year, the Xinhua News Agency reported.