China Services Activity Hits 7-Month High but US Trade Fears Dent Optimism, Caixin PMI Shows

2023-11-24T020108Z_1409925280_RC2M94ALY1XU_RTRMADP_3_CHINA-YOUTH-DIGITAL-NOMADS
BEIJING (Reuters) – China’s services activity expanded at the fastest pace in seven months in December, driven by a surge in domestic demand, but orders from abroad declined, reflecting growing trade risks to the economy, a private sector survey showed on Monday.

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