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China Feb official services PMI rises but pace of growth slows

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Activity in China's services industry expanded in February but at a slower pace than in the previous month, an official survey showed on Tuesday.

[BEIJING] Activity in China's services industry expanded in February but at a slower pace than in the previous month, an official survey showed on Tuesday.

The official non-manufacturing Purchasing Managers' Index (PMI) stood at 52.7 in February, down from the previous month's reading of 53.5 but still well above the 50-point mark that separates growth from contraction on a monthly basis.

REUTERS

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