China: +10.2% industrial profits in the first two months of 2024. The profits of large industrial companies in China recorded an annual increase of 10.2%.
The computer, telecommunications and other electronic equipment sectors saw profits rebound by 210.9%. Instead, the coal mining sectors experienced a slowdown of 36.8%, the same as that experienced by the non-mining industrial sectors. Reproduction of this article is not permitted in China without the permission of the Chinese government.