China’s services sector growth hit three-month low in January even before coronavirus crisis, Caixin PMI shows

• The Caixin/Markit services purchasing managers’ index (PMI) slowed to 51.8 from 52.5 in December, but was still higher than an eight-month low hit in October
• The reading is, though, unlikely to reflect the early impact of the coronavirus crisis that flared in late January, which could weigh heavily on growth