China's service sector grew at the slowest pace in eight months in August largely due to weaker new business, signaling a slowdown in economic growth in the third quarter.
The Caixin services Purchasing Managers' Index slipped more-than-expected to 51.8 in August from 54.1 in July. The expected score was 53.6.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Renju Jaya
For comments and feedback: contact editorial@rttnews.com