China’s non-manufacturing Purchasing Managers’ Index (CPMINMAN) rose at a faster pace in October, the National Bureau of Statistics and China Federation of Logistics and Purchasing said today in Beijing. The reading of 56.3 compares with 55.4 in September. A number above 50 indicates expansion. HSBC Holdings Plc and Markit Economics will release a services PMI on Nov. 5. Two gauges of Chinese manufacturing released last week rose more than estimated, adding to evidence the nation’s economic recovery is sustaining momentum. The federation’s PMI advanced to an 18-month high while HSBC’s index increased to the highest ... (full story)