China's non-manufacturing PMI falls in December

04.01.2021

The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 55.7 in December, down from 56.4 in November, the National Bureau of Statistics (NBS) said Thursday.

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

The non-manufacturing PMI has remained above 50 for 10 consecutive months,...