HSBC China Manufacturing PMI improve in February, albeit marginally

After adjusting for the strong seasonal factors associated with the Spring Festival, the HSBC Purchasing Managers’ Index™ (PMI™) – a composite indicator designed to provide a single-figure snapshot of operating conditions in the manufacturing economy – posted 50.4 in February, down from 52.3 in…

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HSBC China Manufacturing PMI improve in February, albeit marginally