Tag Archives: China’s services sector grows at fastest pace in over a decade

BEIJING: China’s services sector expanded at the fastest pace in over a decade in June as the easing of coronavirus-related lockdown mea­­sures revived consumer dem­and, a private survey showed on Friday, though companies continued to shed jobs. The Caixin/Markit services Purchasing Managers’ Index (PMI) rose to 58.4, the highest reading since April 2010, from May’s 55.0, pulling further away from …

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