China Industrial Profits Rise 15.8% in March Amid Global Oil Price Surge
China's industrial profits increased by 15.8% year-over-year in March 2025, despite rising global oil prices due to the Middle East conflict. This marks the fastest start to a year since 2018, with enterprise profits growing 15.5% in the first quarter. The growth is attributed to factors like rising metal prices and production capacity controls, despite challenges from higher raw material costs.
Topics: China economy economic growth global supply chain industrial profits oil prices