Latest data released by Markit - 2 May 2018
- Prior 51.0
The headline is a beat, and better than the print in March. That's a positive sign that should boost regional equities today. As for China's economic growth, again it highlights the theme of steady growth this year.
Looking at the details though, export orders shrank for the first time since November 2016. But the decline is only a marginal one as Markit cites weaker demand in international markets weighing on overall growth.