China official February manufacturing PMI 50.2 (expected 49.9 )

China official February manufacturing PMI 50.2

• expected 49.9 , prior 50.1

Non-manufacturing PMI 51.6

• expected 50.7, prior 51.1

Composite 51.2

• prior 51.0

Property sector woes and COVID-19 responses continue to weigh on the Chinese economy. The PMI numbers for the month of February are resilient though.