05-08-2025
China Service Activity Unexpectedly Picks Up, Private Poll Shows
China's services activity unexpectedly picked up in July, a private survey showed, contrasting with an official poll to indicate resilience amid the summer travel season.
The S&P China services purchasing managers' index rose to 52.6 from 50.6 in June, according to a statement published Tuesday. That suggests activity expanded the most since May last year.
