China official PMIs for March show improvement

Manufacturing 51.9

  • expected 51.2, prior 50.6

Non-manufacturing 56.3

  • expected 52.0, prior 51.4

  • the construction measure hit 62.3 (previous 54.7)

Composite 55.3

  • prior 51.6

Composite PMI:

china pmi

Very good numbers these from China - at the margin should be supportive for 'risk'.