China Services Activity Expands at Slower Pace in October
The RatingDog Services PMI fell to 50.8 in October from 51.6 in September, while remaining above the expansion threshold. Rising costs and increased competition weighed on business sentiment.
A private gauge showed China's service-sector activity continued to expand, but at a slower pace in October, as rising costs and increased competition weighs on business sentiment.The RatingDog Services purchasing managers' index, compiled by S&P Global, fell to 50.8 in October from 51.6 in Septemb…