China's non-manufacturing PMI down slightly
Xinhua, June 1, 2016 Adjust font size:
Business activity in China's non-manufacturing sector expanded at slower pace in May, official data showed on Wednesday.
The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.1 in May, down from 53.5 in April and 53.8 in March, 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