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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.

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