We had the official PMIs earlier:
China official February manufacturing PMI 50.2 (expected 49.9 )
The Caixin survey is the 'unofficial' PMI and is a survey that tends to skew away from SEOs and more towards less huge firms.
Form the report:
Key findings:
- Output returns to growth amid quickest rise in new work for eight months
- Pandemic continues to weigh on export sales
- Business confidence picks up to highest since last June
