China’s services sector expanded at its slowest pace in three months as rising costs and intense competition squeezed margins. The weaker PMI and declining business confidence may weigh on Chinese equities, although sustained growth in export orders offers some support.
China’s services sector expanded at its slowest pace in three months as rising costs and intense competition squeezed margins. The weaker PMI and declining business confidence may weigh on Chinese equities, although sustained growth in export orders offers some support.
<iframe src="https://hindustansphere.com/embed/cluster/dc52f32e6f4a36715c71fed2986ec9494ac4c66a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="China Services PMI slows to three-month low; what lies ahead for Chinese stocks?"></iframe>
