China's economic landscape is showing signs of resilience and dynamism, with manufacturing activity expanding at its fastest pace in three months, even amidst the looming threat of higher tariffs. Meanwhile, the digital stock market is witnessing a significant comeback, driven largely by Chinese companies pushing into future-oriented industries. This comes as traditional players face increased pressure to invest even more in innovation.
Manufacturing Surges Despite Tariff Concerns
Despite concerns over potential tariffs imposed by the United States, Chinese manufacturing activity experienced a robust expansion in February. New orders and increased purchase volumes fueled this growth, demonstrating the underlying strength of China's industrial sector. 
This positive trend highlights the ability of Chinese factories to adapt and thrive despite external pressures.
“Production at China’s factories returned to growth last month, an official survey showed, thanks to higher new orders and purchase volumes,” reported one source, underscoring the key drivers behind this expansion.
Digital Stocks Rebound
February proved to be a challenging month for many digital stocks, with companies like Tesla, as well as crypto and quantum computer stocks, experiencing setbacks. However, Chinese stocks bucked this trend, staging a remarkable comeback. This resurgence signals a shift in the digital landscape, with Chinese firms gaining ground in key areas such as AI and electric vehicles.
This comeback is happening as some analysts are re-evaluating their positions on certain Chinese companies. For example, one analyst downgraded NIO to a hold rating while initiating a buy recommendation for Li Auto, reflecting a nuanced view of the competitive dynamics within the Chinese electric vehicle market. 
This underscores the intense competition and rapid innovation within the Chinese tech sector.
Other Business News: ITV Profits Soar, PostNord Ends Letter Delivery
In other business news, British broadcaster ITV reported a significant surge in profits for 2024, more than doubling their earnings. This impressive performance was largely driven by record earnings at ITV Studios, fueled by the success of hit shows such as "Mr Bates vs the Post Office" and the Jilly Cooper adaptation "Rivals."
Meanwhile, in Denmark, the postal service PostNord announced that it would cease letter delivery services next year, cutting a third of its staff to focus on its parcel delivery business. This decision comes in response to a dramatic 90% drop in letter volumes, reflecting the changing communication habits of consumers. 
"At the end of the year, PostNord will deliver its final letter ... to focus on its role as the premier parcel delivery service in Denmark," the company stated.
These diverse developments highlight the ever-evolving nature of the global business landscape, with some sectors experiencing rapid growth and innovation, while others adapt to changing consumer demands.