By Addison Gong 05 Mar 2021 In this round-up, smaller Chinese firms see the slowest growth in manufacturing and services activity since mid-2020, the head of the Chinese banking and insurance regulator is wary of bubbles bursting in foreign markets, and the onshore sale of the so-called ‘carbon neutrality bonds’ moves from the interbank market to the smaller exchange market. Read our Two Sessions special round-up for the highlights from China's annual parliamentary meeting. The Caixin manufacturing Purchasing Managers’ Index (PMI) declined for the third consecutive month in February to 50.9. The February Caixin services PMI has also dropped for three straight months to 51.5.