China service-sector growth gaining

11/5/2013 | Wall Street Journal (India)

Business growth in China's service sector last month was at a seven-month high and expanding, with the Markit/HSBC services PMI climbing to 52.6 from September's 52.4. "Service sectors saw modest but broad-based improvement into 4Q. This should help cement China's growth momentum in the coming months," HSBC economist Qu Hongbin said in a note.

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