Official Chinese PMI, which highlights larger factories, 53.1 in March vs. 51 in February and...

|By:, SA News Editor

Official Chinese PMI, which highlights larger factories, 53.1 in March vs. 51 in February and forecasts of 50.5, marking the fourth straight month of gains. However, HSBC PMI, which measures smaller factories, 48.3 in March (flash reading was 48.1) vs. February's 49.6, marking the fifth successive month of contraction.