China Caixin PMI services rose to 52.1, economy showed clear signs of recovery

China Caixin PMI Services rose to 52.1 in August, up from 51.6 and beat expectation of 51.8. PMI Composite rose to 51.6, up from 50.9. Caixin noted that manufacturers and services provides both saw improved rates by business activity growth. The composite new orders expanded at the quickest rate for four months. Also, total employment … Continue reading China Caixin PMI services rose to 52.1, economy showed clear signs of recovery