(Bloomberg) — Chinese industrial profits rose in August for the first time in more than a year, a further sign the economy is stabilizing. Most Read from Bloomberg Industrial profits increased 17.2% from a year earlier, according to data published by the National Bureau of Statistics on Wednesday. The increase in August was the first monthly growth since the second half of last year, NBS analyst Yu Weining said in a statement. For the first eight months of 2023, profits fell 11.7% from a year earlier. The rise in profits suggests demand may be improving after the government ramped up...