China Caixin/Markit PMIs, Services and Composite, for March 2021:
Services 54.3
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expected 52.1, prior 51.5
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Business activity and sales both rise at quicker rates
- Employment returns to growth
- Business confidence hits highest for over a decade
- work backlogs rose for the first time in five months
Composite 53.1
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prior 51.7
And that brings an end to the series of PMIs out from China for the preceding month. ICYMI:
more to come
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