China Services Gauge Fares Better Than Forecast Despite Slip

🇨🇳 Bloomberg (CN) —

AI Summary

China's services sector showed better-than-forecast resilience in June, with activity easing less than expected according to a private survey. This suggests China's economic momentum is stabilizing, which could influence global markets and economic forecasts.

China’s services activity eased less than expected in June, a private survey showed, adding to signs that the country’s economic momentum is picking up.

World Markets China services sector economic momentum survey June economic forecast

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