China March official PMIs: Manufacturing 50.4 (exp 50) Non-manufacturing 50.1 (exp 49.9)

Just the data.

China March official PMIs all retrun to expansion:

• Manufacturing 50.4

expected 50, prior 49.0

Non-manufacturing 50.1

• expected 49.9, prior 49.5

Composite 50.5

• expected 50.2, prior 49.5

I'll have more to come on this separately. Added, here we go:

• China factory activity hits 1-year high as PMIs return to expansion