Was today’s data indicative of more slowing in the global economy?

What we got today from some of the economies very sensitive to global economic health:

• China Manufacturing PMI 50.1 (vs. 50.4 prior and 50.5 expected)
• China HSBC Manufacturing PMI 50.4 (vs. 52.3 prior, flash was 50.4 and 50.6 expected)
• South Korea February exports -8.6% y/y
• Taiwan February Manufacturing PMI 50.2 (prior was 51.5 in January)

These are all export-oriented economies, poor showing all-round (some worse than others).