China’s February services activities grew slowest since September, demand shrank for first time in six months – private survey

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Activity in China's services sector in February expanded at the slowest pace since September, with demand for services shrinking for the first time in half a year amid a surge in local COVID-19 cases, a private survey showed on Thursday.

The Caixin services Purchasing Managers' Index (PMI) fell to 50.2 in February, marking the lowest level since September last year, compared to 51.4 in January. The 50-point mark separates growth . . .

 

 

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