China's industrial profits reached a 25-month high of 10.2% YoY ytd in the first two months of 2024. Combined with earlier industrial production data, we see positive signs for industrials having bottomed out.
China's industrial profits reached a 25-month high of 10.2% YoY ytd in the first two months of 2024. Combined with earlier industrial production data, we see positive signs for industrials having bottomed out.