BUSINESS China's non-manufacturing PMI drops in February

BUSINESS

China's non-manufacturing PMI drops in February

Xinhua

09:30, February 29, 2020

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BEIJING, Feb. 29 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 29.6 in February, down from 54.1 in January, the National Bureau of Statistics said Saturday.   A reading above 50 indicates expansion, while a reading below it reflects contraction.


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