China Services Sector Picks Up Slightly Despite Lower Orders
A private gauge of China's services sector signaled that activity picked up in May, despite a renewed fall in new export orders.
The Caixin services purchasing managers index rose to 51.1 last month from 50.7 in April, Caixin Media and S&P Global said Thursday. That marked the 29th month above the 50-mark separating expansion from contraction.
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