(Finance) – Theservices business in China, in December. This is what emerges fromCaixin/Markit services PMI which rose to 48 points in the last month of 2022 from the previous 46.7.
The value remains however still below the key threshold of 50 points which separates growth from contraction.
The Caixin PMI Composite, which groups together manufacturing and services, instead grew to 48.3 points from the previous 47 points.
(Photo: GG Park)