Global Economic News

China Service PMI Climbs To 52.4 In October

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.

by RTTNews Staff Writer

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