China’s non-manufacturing PMI down in August

China's non-manufacturing PMI down in August [SHINE]
China’s non-manufacturing PMI down in August [SHINE]
SHINE | 03-Sep-2021 | Xinhua

The purchasing managers’ index for China’s non-manufacturing sector came in at 47.5 in August, down from 53.3 in July, the National Bureau of Statistics said on Tuesday. A reading above 50 indicates expansion, while a reading below it reflects contraction.