China Jan-Feb industrial profits surge most in nearly six years as commodities rally

Profits of Chinese industrial firms surged almost 32 percent in the first two months of 2017 — the fastest pace in nearly 6 years — as prices of commodities from coal to iron ore raced higher.

China’s Jan-Feb coal output dips despite push to raise supplies

China’s coal output fell 1.7 percent in the first two months of the year, even after Beijing urged miners to ramp up output to replenish supplies during the cold winter months, reversing tough measures to cut the country’s reliance on fossil fuels.