China’s services sector continued to expand in January although the growth decelerated slightly, becoming an increasingly important support for the world’s second largest economy while the country's manufacturing sector contracted for the second straight month.
The Caixin/Markit services purchasing managers’ index (PMI) moderated to 53.6 in January from 53.9 in the previous month, but still well above the 50 mark separating growth from contraction . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from thousands of intelligent readers like you. Don't miss out!
What you'll get:
- Original and in-depth reporting on China's economy and financial markets with details, data and perspectives you don't read elsewhere!
- Daily Brief newsletter delivered before market open every weekday wrapping up the most important China-related information.
- Weekly Market Wrap-up on Chinese equities, bonds, the yuan and commodities!
- Interviews with China experts. We find you insights you should never miss!
Not ready for the full service? Subscribe to our Free Weekly Newsletter first.
Already have an account? Sign In