Home Asia & Pacific Chinas Services PMI Growth Hits 6-Month Low in December: S&P Global Survey

Chinas Services PMI Growth Hits 6-Month Low in December: S&P Global Survey

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Chinas Services PMI Growth Hits 6-Month Low in December: S&P Global Survey
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People walk past luxury brand stores at a mall in the financial district of Shanghai on April 14, 2025. Hector Retamal/AFP via Getty ImagesChina’s service sector growth slowed to its weakest pace, reaching a six-month low in December, according to a recent survey compiled by S&P Global.Meanwhile, the Chinese communist regime’s official data showed that China’s non-manufacturing purchasing managers’ index (PMI) remained in contraction in December. Combined with a weak manufacturing PMI, the data indicate that China’s economic growth remains fragile and uneven as the new year begins, analysts told The Epoch Times.

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