Caixin Services PMI
A monthly survey of Chinese service-sector companies, where a reading above 50 signals growth.
In plain English
A monthly survey of Chinese service-sector companies, where a reading above 50 signals growth.
The Caixin Services PMI is the services-sector twin of the Caixin Manufacturing PMI: shops, transport, finance, hospitality and more.
Services are a growing share of China's economy, so this survey helps show whether consumers are spending, not just whether factories are humming.
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