A private gauge of China’s services-sector activity slipped further into contraction in October, reflecting the impact of stringent restrictions to curb Covid-19 outbreaks sweeping the country. The Caixin services purchasing Read more
Tag: Caixin
China Caixin manufacturing PMI points to third straight month of contraction
A private gauge of activity in China’s manufacturing sector remained in contractionary territory in October, as Covid-19 containment measures weighed on both output and demand. The China Caixin manufacturing purchasing Read more
China Caixin Services PMI improves further in July
The China Caixin services purchasing managers’ index, a private gauge of service-sector activity, improved further in July, contrasting with its official counterpart. The Caixin services PMI rose to 55.5 in Read more