China services PMI rises in August on new business, jobs
China’s services Purchasing Managers’ Index from S&P Global rose to 51.4 in August from 50.4, driven by higher new business and sustained employment growth, according to survey results published Thursday.
BEIJING (dpa-AFX) - China's services activity grew at a faster pace in August driven by the increase in new business and sustained growth in employment, survey results published by S&P Global showed Thursday.The headline RatingDog services Purchasing Managers' Index rose to 51.4 in August from 50.4…