China Caixin PMI Services rose from 41.4 to 54.5 in June, above expectation of 49.0. That’s the highest level since July 2021, signaling strongest upturn in business activity for 11 months. There were renewed increase in overall sales, despite slight drop in export orders. Inflationary pressures weakened. PMI Composite rose from 42.2 to 55.3. Wang […]
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