China's service sector shrank for the fourth consecutive month in December as the ongoing measures to contain the Covid-19 disrupted operations and hampered demand.
At 48.0, the Caixin services Purchasing Managers' Index rose from a six-month low of 46.7 in November, survey results from S&P Global showed Thursday. But a reading below 50.0 suggests the sector remains in the contraction zone.
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by Renju Jaya
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