China’s service sector signals reviving growth as PMI at 4-month high

China’s official purchasing managers’ index (PMI) for the non-manufacturing sector rose to a four-month high of 56.1 in December from 55.6 in November, the National Bureau of Statistics (NBS) said on Thursday, adding to signs of a revival in the world’s second-largest economy.

The services sector index follows twin manufacturing PMI surveys that showed China’s growth reviving in December, although signs persist that such growth still depends primarily on state-led investment.

via Business feed http://www.scmp.com/business/economy/article/1118883/chinas-service-sector-signals-growth-reviving