The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Thursday with a PMI score of 52.4.
That's up from 52.0 in September, and it moves further above the boom-or-bust line of 50 that separates expansion from contraction.
The composite index came in with a score of 52.9, up from 51.4 in the previous month.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.