News Snapshot:
China’s official manufacturing PMI fell to 50.6 in February from 51.3 in January The official non-manufacturing PMI, which measures sentiment in the service and construction sectors, fell to 51.4 from 52.4 China’s official manufacturing PMI fell to 50.6 in February from 51.3 in January, while the official non-manufacturing PMI fell to 51.4 from 52.4 last month. China’s economic recovery continued in February, but at a slower-than-expected pace, with all major sectors posting their lowest growth rates since last spring. The data encompasses the Lunar New Year holiday period , during which economic activity usually slows. But a spike in coronavirus...
