China July Industrial ProfitsJuly is down 2.9% y/yPrior month was -0.3% y/y-From China already today:Yuan strengthening .... Yuan raised at setting this morning most since March of this yearChina stockmarket opening indications - Shanghai Comp to open up 1.4%Some early chatter our of China ... officials preparing new round of stock mkt buying China economy - evidence of shrinkage?