BEIJING (Reuters) – China’s non-manufacturing exercise expanded in October, an official survey confirmed on Thursday, offering some reduction to policymakers at the same time as different indicators have steered restoration on this planet’s No. 2 economic system stays distant.
The official non-manufacturing buying managers’ index (PMI), which incorporates companies and building, quickened barely to 50.2 from 50.0 in September, in keeping with the Nationwide Bureau of Statistics (NBS). The 50-point mark separates growth from contraction in exercise on a month-to-month foundation.
The NBS composite PMI, which incorporates manufacturing and companies, got here in at 50.8 in October.
