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    Text:AAAPrint
    Business

    China's Caixin service PMI rebounds

    1
    2017-11-03 11:05:02Xinhua Gu Liping ECNS App Download

    China's service sector activity accelerated in October, a private survey showed Friday.

    The Caixin General Services Purchasing Managers Index (PMI) rebounded to 51.2 in October from 50.6 in September, according to the survey conducted by financial information service provider Markit and sponsored by Caixin Media Co. Ltd.

    A reading above 50 indicates expansion, while a reading below reflects contraction.

      

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