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China’s services activity growth momentum softens in Feb

By Inquirer - 9 months ago
BEIJING  – China’s services activity grew at a slower pace in February, with business confidence moderating for the second month and firms trimming staff numbers for the first time since November, a private-sector survey showed on Tuesday. The Caixin/S&P Global services purchasing managers’ index (PMI) edged down to 52.5 from 52.7 in January, but was

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