<span id="midArticle_start"/> Growth in China's services industry cooled in May, an official survey showed on Monday, suggesting the country's worst economic downturn in at least six years may be deepening.
<span id="midArticle_0"/>The non-manufacturing Purchasing Managers' Index (PMI) edged down to 53.2, from April's 53.4, the National Bureau of Statistics said on its website.
<span id="midArticle_1"/> <span class="first-article-divide"/>A reading above 50 points indicates growth on a monthly basis, while one below that points to contraction.
<span id="midArticle_2"/> <span class="second-article-divide"/>Growth in China's services companies has been more resilient than at its ailing factories, but the sector has succumbed to the broader economic cooldown in recent months.
<span id="midArticle_3"/> <span class="third-article-divide"/>Many analysts expect growth in China's economy to cool to 7 percent this year compared to 2014, the weakest rate of expansion that the country has seen in a quarter of a century. (Reporting by Koh Gui Qing; Editing by Kim Coghill)
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<span id="midArticle_0"/>The non-manufacturing Purchasing Managers' Index (PMI) edged down to 53.2, from April's 53.4, the National Bureau of Statistics said on its website.
<span id="midArticle_1"/> <span class="first-article-divide"/>A reading above 50 points indicates growth on a monthly basis, while one below that points to contraction.
<span id="midArticle_2"/> <span class="second-article-divide"/>Growth in China's services companies has been more resilient than at its ailing factories, but the sector has succumbed to the broader economic cooldown in recent months.
<span id="midArticle_3"/> <span class="third-article-divide"/>Many analysts expect growth in China's economy to cool to 7 percent this year compared to 2014, the weakest rate of expansion that the country has seen in a quarter of a century. (Reporting by Koh Gui Qing; Editing by Kim Coghill)
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