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Published 08:04 IST, August 5th 2024

China's services sector expands in July, but external demand slows: Caixin PMI

Despite the growth, the index showed that overseas demand slowed to its weakest pace in 11 months, highlighting ongoing challenges in China's economy.

Reported by: Business Desk
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China economy
The Caixin/S&P Global services PMI predominantly reflects the performance of private and export-oriented companies. | Image: Freepik
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08:04 IST, August 5th 2024