China’s industrial profits surged by 10.2% in the first two months of the year compared to the same period last year, rebounding from a 2.3% decline in 2023, according to National Bureau of Statistics data. This uptick follows positive indicators earlier in the month, indicating a stabilizing economy, although challenges persist in the property market, suggesting a divergence in China’s recovery. While state-owned firms saw a modest rise and foreign companies experienced significant gains, concerns remain about global demand uncertainty, energy price fluctuations, and supply chain disruptions.