Thursday, December 06, 2018
Growth in China's services sector increased in November
China Plus
A recent survey showed activity in China's service sector expanded at a faster pace in November.
The Caixin services purchasing managers' index climbed to 53.8 from October's 50.8.
The 50-mark separates growth from contraction.
The reading is slightly higher than the official data released last month.
Market analysts attribute the growth to sound domestic demand and generally stable employment.