China's non-manufacturing PMI drops in April

Xinhua
The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 41.9 in April, down from 48.4 in March, the National Bureau of Statistics said on Saturday.
Xinhua

The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 41.9 in April, down from 48.4 in March, the National Bureau of Statistics said on Saturday.

A reading above 50 indicates expansion, while a reading below it reflects contraction.

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