China March HSBC PMI rises to 51.6, up from 50.4 in February, off from the "flash" March read of...

|By:, SA News Editor

China March HSBC PMI rises to 51.6, up from 50.4 in February, off from the "flash" March read of 51.7, but inline with expectations. Meanwhile, Beijing's official PMI gauge rises to 50.9 in March, up from 50.1 previously, but missing expectations of 51.2. Nevertheless, it's an 11-month high for the index.