China official February manufacturing PMI 50.2 (expected 49.9 )

  • Prior was 50.1

China official February manufacturing PMI 50.2

  • expected 49.9 , prior 50.1

Non-manufacturing PMI 51.6

  • expected 50.7, prior 51.1

Composite 51.2

  • prior 51.0

Property sector woes and COVID-19 responses continue to weigh on the Chinese economy. The PMI numbers for the month of February are resilient though.

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