China non-manufacturing expansion slows in June By Reuters


BEIJING (Reuters) – China’s non-manufacturing activity expanded at a much slower pace in June, an official survey showed on Sunday, as consumers remained wary of spending amid property downturn and the May holiday boost faded away.

The official non-manufacturing purchasing managers’ index (PMI), which includes services and construction, fell to 50.5 from 51.1 in May, showed data from the National Bureau of Statistics.

© Reuters. FILE PHOTO: A worker cleans a broken glass panel at a mall in Beijing, China October 4, 2015. REUTERS/Damir Sagolj/File photo

The composite PMI, which includes manufacturing and services, came in at 50.5 in June, down from 51.0 in May.

The 50-point mark separates expansion from contraction in activity on a monthly basis.





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