China's official PMIs for March will be published on Sunday March 31 at 0100GMT

Manufacturing

  • expected 49.6, prior 49.2

Non-Manufacturing

  • expected 54.0, prior 54.3

Composite

  • prior 52.4

ps. the 'private' survey PMIs will follow

  • Manufacturing at 0145GMT on 1 April
  • Non-M and Composite at 0145GMT on 3 April

OK, so what are the encouraging early indicators? Via Bloomberg Economics, how their indicators are performing:

China's official PMIs for March will be published on Sunday March 31 at 0100GMT

Bloomberg China economist David Qu

  • The economy is still some "distance from a self-sustaining recovery where policy-induced stabilization takes hold,"
  • "Government-led investments will play a more important role in stabilizing the economy."