Growth in China’s services sector accelerated in July, a private survey showed on Wednesday, although the spread of the COVID-19 Delta variant across the country threatens to undercut the recovery in the world’s second-biggest economy. The Caixin/Markit services Purchasing Managers’ Index (PMI)rose to 54.9 in July, the highest since May and up from 50.3 the …
The post Growth in China’s July services activity speeds up, but risks loom – Caixin PMI first appeared on Hellenic Shipping News Worldwide