Chinese data dump: NBS/Non-manufacturing PMI April solid

The Chinese, who are out on Labour day, just reported the latest NBS manufacturing data that came in as 51.4.

• Prior 51.5
• Non-manufacturing PMI 5 vs 54.5 expected
• Prior 54.6
• Composite PMI vs 54.0 prior

All of the guages here are solid and above the 50 contraction mark.