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Caixin China General Services PMI
Caixin China Composite PMI™ data (which covers both manufacturing and services) showed a further solid increase in Chinese business activity in November. The Composite Output Index was unchanged from October’s 43 - month record of 52.9 in November . Services companies based in China saw a solid increase in business activity during November, which offset a sli ght slowdown in the rate of output expansion across the manufacturing sector. Furthermore, the seasonally adjusted Caixin China General Services Business Activity Index rose from 52.4 to reach a 16 - month high of 53.1 in November. According to panellist s , ... (full story)