China's manufacturing activity has accelerated to a two-month high in February.
A preliminary survey compiled by HSBC and Markit revealed the manufacturing purchasing managers' index rose to 52.5 from a reading of 51.7 the previous month.
However, the Manufacturing Output PMI eased to 55.1 from 55.9 in January. A reading over 50 is considered expansionary.
The survey polled managers at 420 manufacturing companies in China.
"Growth of the manufacturing sector bounced back a little this month, said HSBC analysts in a note accompanying the PMI release.
“This should reduce concerns about a sharp slowdown in growth."