The headline seasonally adjusted Caixin China General Manufacturing PMI – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – edged up from 50.8 in January to 50.9 in February, to signal another marginal improvement in the health of the sector.
Firms signal sustained increases in output and new orders.
Business optimism strengthens for second straight month.
Input cost inflation edges down to seven-month low, selling prices fall.
ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).
Currency: (CNY:USD)