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China Service Sector Picks Up Steam In November

Por: RTTNews Business December 05, 2023

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The service sector in China continued to expand in November, and at a faster rate, the latest survey from Caixin revealed on Tuesday with a PMI score of 51.5.That's up from 50.4 in October and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.Aiding the quicker rise in Chinese services activity was a stronger upturn in total new midway through the final quarter of the year. The rate of new order... + full article



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