China service sector activity rises solidly, while manufacturing output growth slows

HSBC China Composite PMI™ data (which covers both manufacturing and services) signalled a fourth successive monthly increase of Chinese business activity during August. The HSBC Composite Output Index posted at 52.8, up from 51.6 in July, and signalled a robust rise in activity levels. Fur…

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China service sector activity rises solidly, while manufacturing output growth slows

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