China: Economy appears to be stabilizing - BBH

Research Team at BBH, suggests that Chinese data surprised today as the official manufacturing PMI rose to 50.4 from 49.9.  

Key Quotes

“It is the highest reading since October 2014.  The Caixin measure, which has a greater weight for smaller companies than the official measure, slipped to 50.0 from 50.6.  The official services PMI eased to 53.5 from 53.9.  It appears that China can host the G20 meeting this weekend and note the economy appears to be stabilizing.”