China's service sector drops to 4-month low in December

Note: This section contains information in English only.
Source: Reuters
Non-manufacturing sector in the world's second largest economy declined in December falling towards the lowest level in four months mainly due to a drop in business expectations suggesting that the country's economy lost its momentum, the National Bureau of Statistics reported on Friday. China's service sector PMI fell from 56 in November to 54.6 in the following month.

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