Tue, 05 Jun 2012 07:56:23 GMT
China's non-manufacturing gauge rose in May but remained soft
China's non-manufacturing sector grew at the fastest pace in the last 19 months in May. HSBC's China services Purchasing Managers' Index advanced to 54.7 in May on a seasonally adjusted basis as compared to April's reading of 54.1. However, the figure is still below long-term trend of 56.7, according to HSBC.