China's service sector expanded at a faster pace at the start of the third quarter, underpinned by the solid growth in new business, survey results released by S&P Global revealed on Thursday.
The Caixin services Purchasing Managers' Index rose more-than-expected to 54.1 in July from a five-month low of 53.9 in June. The expected reading was 52.5.
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by Renju Jaya
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