Chinese industrial firms saw their profits surge in the first two months of this year as officials pressed ahead with efforts to contain the fallout from industrial overcapacity and lackluster consumer demand. Industrial profits jumped 15.2% from a year earlier in the January-February period, the National Bureau of Statistics data showed Friday, extending a sharp rebound from a 5.3% jump in December. For the entire year of 2025, China’s industrial profits rose 0.6% from a year ago, snapping three consecutive years of declines as officials reined in aggressive price competition and companies doubled down on exports to ... (full story)