China official PMIs: Manufacturing 49.0 (expected 49.4), Non-manu 52.7 (prior 53.5)

China Official February manufacturing PMI 49.0. missing expectations

– expected 49.4, prior was 49.4

Official February non-manufacturing PMI 52.7

– prior 53.5

Chinese New Year will be a factor, or at least will be cited as a factor for the manufacturing miss and the non-manufacturing lower than previous

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