China International Political Economy

The China economy saw its Purchasing Managers Index (PMI) move to 49 in February according to Reuters.

The improved Chinese economic news marks an increase in China PMI for the third month in a row and up from its low of 38.8 in November.

While the positive PMI indication is a hopeful sign that the China economy is recovering, economist warn that is may still be too early to tell if such as recovery is sustainable.

A PMI reading of 50 and above marks expansion.