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