services sector

China services PMI beats expectations, rising to 51.4 in August

China's services sector expanded at a faster pace in August than markets had anticipated, offering a rare bright spot in an economy still grappling with uneven growth. The RatingDog China General Services PMI rose to 51.4 from 50.4 in July,…

China’s services PMI hits 10-month low as demand falters

China's private-sector services activity slowed sharply in July, with a closely watched gauge falling far short of expectations and adding to a string of weak economic data that has intensified questions about the trajectory of the world's second-largest economy.