China's non-manufacturing PMI drops in December
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E-mail Xinhua, January 3, 2014
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The purchasing managers' index (PMI) for China's non-manufacturing sector dropped to 54.6 percent in December from 56 percent in November, according to official data released Friday.
A PMI reading above 50 percent indicates expansion, while a reading below 50 percent reflects contraction.
The monthly indicator is released by the National Bureau of Statistics and the China Federation of Logistics and Purchasing. Endi
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