The Financial Times have collated responses to the PMI data from China earlier:

In very brief (but there is plenty more here at the link to the FT which may be gated)

ANZ

  • PMIs suggests that the impact of supportive policy measures taken recently have yet to be seen

ING

  • detail from PMI components "is not so reassuring"

Capital Economics

  • official PMI "still suggests that the economy lost momentum at the start of the year"

Earlier posts: