China's non-manufacturing PMI rises a solid 1.6 points to 61.7, following up a pair of...

|By:, SA News Editor

China's non-manufacturing PMI rises a solid 1.6 points to 61.7, following up a pair of manufacturing PMIs that showed a strong revival in factory output after a mid-year lull. The service sector accounts for less than 45% of China's GDP, much less than in more developed countries.