China's industrial profits increased notably in the first quarter, despite challenges posed by geopolitical tensions, data from the National Bureau of Statistics showed on Monday.
Industrial profits logged an annual growth of 15.5 percent in the January to March period. Profits had increased 15.2 percent in the first two months of the year. In March alone, industrial profits increased 15.8 percent from the same period last year, data revealed.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.