China's service sector extends string of monthly gains

01/3/2013 | (China) · Wall Street Journal, The

China's official gauge of service-sector activity reached its highest level since August, with the purchasing managers' index registering 56.1 for December. The index, which has risen three months straight, includes property and construction, indicating that these "and other domestic factors will lead the recovery," said UBS economist Wang Tao.

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