China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua
China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua
China economy

China services sector growth slows sharply in January ahead of Lunar New Year as coronavirus bites

  • Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December
  • Downbeat data ahead of Lunar New Year are likely to weight on first quarter growth and will reinforce calls for Beijing not to scale back economic support

Topic |   China economy
China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua
China’s Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, fell to 52.0 in January from 56.3 in December. Photo: Xinhua
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