Fall in China's services PMI points to sharper slowdown

China’s normally robust services sector weakened sharply in September to its lowest point since November 2010, as slow growth in manufacturing finally began to feed through to the rest of the economy, an official survey showed on Wednesday.

The official purchasing managers’ index (PMI) for the sector fell to 53.7 in September from 56.3 in August, weighed by weakened construction services and transport as well as lacklustre new orders overall, according to the latest survey from the National Bureau of Statistics.

via Business feed http://www.scmp.com/business/economy/article/1053020/fall-chinas-services-pmi-points-sharper-slowdown