Caixin Global China Watch

Caixin Global China Watch

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Caixin Global China Watch
Caixin Global China Watch
China’s Services Sector Recovery Downshifts, Caixin PMI Shows

China’s Services Sector Recovery Downshifts, Caixin PMI Shows

The gauge for industries such as retail and travel slipped to 53.9 in June due to slowing growth in business activity and new orders

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Caixin Global
Jul 06, 2023
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Caixin Global China Watch
Caixin Global China Watch
China’s Services Sector Recovery Downshifts, Caixin PMI Shows
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China’s services sector recovery lost momentum in June as activity expanded at the second-slowest pace this year, a Caixin-sponsored survey showed Wednesday.

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