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

Date:

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.

spot_imgspot_imgspot_img

Share post:

More like this
Related

US Gasoline Prices Below $4 a Gallon for First Time Since April

A gas customer in Los Angeles on May 7,...

Business Council Warns Labor to Cut Spending Before Implementing New Tax Scheme

Australia's Prime Minister Anthony Albanese holds a press conference...

Victorian Government Introduces Bill Giving Workers Right to Work From Home

The bill has faced strong opposition from major industry...

1 in 4 Australians Get Most of Their News From Social Media Despite Deep Distrust: Study

A 13-year-old boy poses at his home as he...