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China's non-manufacturing PMI rebounds

Xinhua, April 1, 2016 Adjust font size:

China's service sector activity improved in March, reversing a downward trend since December, official data showed on Friday.

The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.8 in March, up from 52.7 in February and 53.5 in January, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

A reading above 50 indicates expansion, while a reading below 50 represents contraction. Endi