China’s Caixin PMI Services marked a significant rise to 52.9 in December from 51.5, achieving its highest level since July. Concurrently, PMI Composite, which combines both manufacturing and services, also saw an improvement, climbing from 51.6 to 52.6. Wang Zhe, Senior Economist at Caixin Insight Group, noted that businesses are “expressing confidence” in an improved […]
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