The Caixin/Markit services purchasing managers’ index (PMI) slowed to 52.5 last month from 53.5 in November. Photo: EPA-EFE
China’s services sector growth slows in December amid near-record low business confidence
- Caixin/Markit services purchasing managers’ index (PMI) slowed to 52.5 last month from 53.5 in November
- More downbeat reading suggests services companies remain cautious about the outlook for China’s economy, despite signs of improvement
Topic |
China economy
The Caixin/Markit services purchasing managers’ index (PMI) slowed to 52.5 last month from 53.5 in November. Photo: EPA-EFE