Chinese sporting goods manufacturers' sales rose by 8 percent to...

2014-09-09T00:00:00

Chinese sporting goods manufacturers' sales rose by 8 percent to 58.02 billion yuan renmimbi (€7,298.60m-$9,447.67m) in the six months ended June 30, according to China's Ministry of Industry and Information Technology. Their gross profits increased by 20 percent to RMB2.06 billion (€259.18m-$335.46m), indicating relatively low margins. Almost half of the production ...

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