China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 42 in March from 50.2 in February, data released on Wednesday showed. Photo: EPA-EFE
China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 42 in March from 50.2 in February, data released on Wednesday showed. Photo: EPA-EFE

China’s services sector ‘significantly affected’ as activity contracted at steepest pace in 2 years in March

  • Caixin/Markit services purchasing managers’ index (PMI) fell to 42 in March from 50.2 in February
  • Last week, the official non-manufacturing PMI fell to 48.4 in March from 51.6 in February

China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 42 in March from 50.2 in February, data released on Wednesday showed. Photo: EPA-EFE
China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 42 in March from 50.2 in February, data released on Wednesday showed. Photo: EPA-EFE
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