China non-manufacturing expansion slows in June
BEIJING - 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 , which includes services and construction, fell to 50.5 from 51.1 in May, showed data from the National Bureau of Statistics. The composite PMI, which includes manufacturing and services, came in at 50.5 in June, down from 51.0 in May.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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