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China Services PMI Improves To 52.0 In Oct. - Caixin
China's services activity picks up as conditions improve, Caixin PMI shows
China's services activity expanded at the fastest pace in three months in October, helped by early signs that Beijing's big stimulus push was helping improve business conditions, a private-sector survey showed on Tuesday.
China Caixin Services PMI Adds to Signs of Economic Green Shoots
The
Caixin
services purchasing managers index rose to 52.0 in October from 50.3 in September, said
Caixin
Media Co. and S&P Global on Tuesday. The index has remained above the 50 mark that separates contraction from expansion for 22 consecutive months.
China’s Caixin Services PMI rises to three-month high of 52 in October
China's Caixin Services Purchasing Managers' Index (PMI) rose to 52.0 in October, up 1.7, standing at a three-month high and indicating a sustained recovery in China's services sector, according to data released on Tuesday.
3d
on MSN
China Caixin PMI Signals Pickup in Service Sector Activity
A private gauge of China’s services sector signaled that business activity grew at an accelerated rate at the start of the ...
2d
Growth expected to pick up after lull
China's economy showed early signs of having bottomed out across the board in October, indicating that the country's ...
CNBC on MSN
7d
China's manufacturing output swings back into expansion in October, private survey finds
The Caixin/S&P Global manufacturing PMI came in at 50.3 in October, beating the median estimate of 49.7 in a Reuters poll.
3d
China Market Update: Services PMI Beats As Premier Li Signals Economic Policy Support
Asian equities had a strong day as Hong Kong and Mainland China significantly outperformed the region, while Japan, the Philippines, and Thailand had good days, and South Korea underperformed.
Markets Insider on MSN
3d
China is boosting market sentiment by playing up hopes for stimulus
Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space for fiscal policy and ...
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