China’s February non-manufacturing activity accelerates expansion
CHINA’S non-manufacturing activity accelerated its expansion in February, an official survey showed on Monday.
The official non-manufacturing purchasing managers’ index (PMI), which includes services and construction, rose to 50.4 from 50.2 in January, according to the National Bureau of Statistics (NBS). The 50-point mark separates expansion from contraction in activity on a monthly basis.
The NBS composite PMI of manufacturing and services, came in at 51.1 in February, up from 50.1 in January. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Singapore identifies 7 firms responsible for haze fires, notices issued urging action: Grace Fu
Could stablecoins be the future of money?
Singapore should prepare for prolonged haze until November, says Grace Fu
High Court rules against Julius Baer’s Singapore trust arm in US$50 million family trust dispute