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      China January non-manufacturing PMI drops

      2015-02-01 09:45 Xinhua Web Editor: Li Yan
      1

      China's service sector activity dropped in January, an official monthly survey showed on Sunday.

      The purchasing managers' index (PMI) for the non-manufacturing sector retreated to 53.7 in January from 54.1 in December, according to a report released jointly by the National Bureau of Statistics and the China Federation of Logistics and Purchasing.

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

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