China's services activity grows at slower pace, Caixin PMI shows


BEIJING: China's services activity expanded at a slower pace in January, with the Lunar New Year holidays worsening employment, but business sentiment improved, a private sector survey showed on Wednesday.

The Caixin/S&P Global services purchasing managers' index (PMI), slipped to 51.0 from 52.2 in December, but remained above the 50-mark that separates expansion from contraction on a monthly basis.

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China , services , Caixin , PMI

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