China’s Flash PMI firms

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Bullish news today with the release of China’s Flash PMI showing the manufacturing recovery back on track in March up 1.3 points to 51.7:

PMI

Moreover, the internals were uniformly positive:

pmi2

No gripes here. This is a solid report suggesting a moderate recovery continues.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.