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China Services Activity Continues To Deteriorate In October

Por: RTTNews Business November 03, 2022

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China's service sector registered a sustained slowdown in activity as efforts to curb the spread of Covid-19 continued to disrupt operations in October, survey results from S&P Global showed on Thursday. The Caixin services Purchasing Managers' Index fell to 48.4 in October from 49.3 in the previous month. The reading signaled that the sector contracted the most since May. The score was also below economists' forecast of 49.2.The... + full article



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