(Corrects confidence milestone in paragraph 1 to four-year (not four-month)) BEIJING (Reuters) -China’s services activity expanded at the slowest pace in eight months and confidence hit a four-year low in June, dragged by slower growth in new orders, a private-sector survey showed on Wednesday, suggesting more economic stimulus is needed. The Caixin/S&P Global services purchasing […]
BEIJING (Reuters) – China’s manufacturing activity in May grew at the fastest pace in about two years with strong production and new orders, a private sector survey showed on Monday, indicating the sector remains robust amid supportive industrial policies. The Caixin/S&P Global manufacturing PMI rose to 51.7 in May from 51.4 the previous month, marking […]
BEIJING, May 6 (Reuters) – China’s services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a private sector survey showed on Monday. The Caixin/S&P Global services purchasing managers’ index (PMI) eased to 52.5 from […]
BEIJING (Reuters) – China’s services activity expansion slowed a touch amid rising costs, but growth in new orders accelerated and business sentiment rose solidly in a boost to hopes of a sustained economic recovery, a private sector survey showed on Monday. The Caixin/S&P Global services purchasing managers’ index (PMI) eased to 52.5 from a 52.7 […]