China’s Manufacturing and Non-Manufacturing PMIs remained in expansionary territory for the third consecutive month with Non-Manufacturing PMI reaching its highest level since mid-2011.
China’s March Manufacturing PMI 51.9 (expected 51.5; last 52.6) and Non-Manufacturing PMI 58.2 (expected 54.3; last 56.3)
Hong Kong’s February Retail Sales 31.3% yr/yr (last 7.0%)
China’s vice finance minister said that fiscal policy adjustments need to be stepped up.