China Services Sector

China’s Services Sector Expands at Fastest Pace in Seven Months Despite Waning Foreign Demand

China’s services sector experienced its most robust expansion in seven months during December, driven by a notable surge in domestic demand. However, a concurrent decline in international orders has highlighted the growing external trade risks facing the world’s second-largest economy....
China's Economic Boom Days Have Passed, According to Australia’s Biggest Pension Fund

China’s Services Sector Expands at Fastest Pace in Three Months Amid Stimulus Efforts

China’s service sector experienced a robust boost in October, marking its fastest growth in three months. This upswing aligns with the Chinese government’s expansive stimulus measures aimed at stabilizing the country’s economic trajectory. A private-sector survey released Tuesday, conducted by...