Market News

    China’s services growth slips to 5-month low in November, private PMI shows

    China's services activity expanded at its slowest pace in five months in November, as growth in new orders softened despite a boost from foreign demand, according to a private survey released on Wednesday.
    The RatingDog China General Services PMI, compiled by S&P Global, slipped to 52.1 from 52.6 in October, marking the weakest expansion since June. The 50-mark separates growth from contraction.
    The survey broadly aligns with the government's official services PMI released on Sunday, which fell to 49.5 from 50.2 in October.
    Source : Reuters.com