China February Caixin PMI Services 51.5 (expected 51.5, prior 52.0) & Composite 51.7 (prior 52.2)

PMIs in China slipping but still well into expansion for these two.

Markit’s Key findings:
  • Services activity growth eases to ten-month low
  • Softer increase in total new work amid renewed drop in export sales
  • Confidence regarding the 12-month business outlook remains robust