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Story summary
- China’s industrial firms posted a 15.8% profit rise in March 2026, the fastest since September 2025.
- First-quarter profits rose 15.5% YoY, quickest since 2017, driven by AI-related manufacturing, semiconductors and high-tech equipment.
- Exports climbed 14.7% in Q1, supporting margins despite Brent crude jumping 48% after the Iran-U.S. conflict.
- Optical-fiber makers posted a 336.8% YoY profit surge and drone manufacturers rose 53.8%.
- Analysts warn weak domestic consumption remains a structural risk.
