China’s services sector activity expanded in July supported by a rise in the summer travel season, according to the Caixin/ S&P Global services purchasing managers’ index (PMI). The index rose to 54.1 in July, marking strong business activity across the service sector for the seventh consecutive month.
‘China’s July services activity expands at quicker pace’
China’s services sector activity expanded in July supported by a rise in the summer travel season, according to the Caixin/ S&P Global services purchasing managers’ index (PMI). The index rose to 54.1 in July, marking strong business activity across the service sector for the seventh consecutive month.