China’s services sector returned to growth in September as Covid-19 resurgence eased – private survey
DATA
China’s services sector returned to growth in September as Covid-19 resurgence eased – private survey
DATA

China’s services sector returned to growth in September as Covid-19 resurgence eased – private survey

China's services sector returned to growth in September as activities recovered rapidly after COVID-19 outbreaks in East China's Jiangsu province were brought under control.

The Caixin/Markit services Purchasing Managers' Index (PMI) jumped to 53.4 from 46.7 in August, pulling away from the lowest level since the height of the pandemic last year. The 50-point mark separates growth from contraction on a monthly basis.

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