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China s services sector activity expands at faster pace due to rising demand, but inflation pressures loom

China’s Caixin/Markit services purchasing managers’ index (PMI) rose to 53.8 from 53.4 in October, data released on Wednesday showed.

China s services industry under pressure from enormous inflation pressure, weak overseas demand

The Caixin/Markit services purchasing managers’ index (PMI) fell to 55.1 in May, down from 56.3 in April but still well in expansionary territory.

China s services sector grows at slowest rate in 10 months in February

China’s services sector grows at slowest rate in 10 months in February The Caixin/Markit services purchasing managers’ index (PMI) fell to 51.5, the lowest since April, from 52.0 in January A sub-index for employment stood at 47.9, slipping into contraction after six months of growth, as businesses laid off workers

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