China's December services PMI at 4-month low

Beijing

GROWTH in China's services sector fell to a four-month low in December as business expectations dropped, a government survey showed, adding to evidence that the world's second-largest economy lost steam into the close of 2013.

The official purchasing managers' index (PMI) for the non- manufacturing sector dropped to 54.6 in December from November's 56, the National Bureau of Statistics said yesterday.