You are here

China service sector slows to 5-month low

June data suggests economy still needs policy support despite signs of steadying

GROWTH DRIVER: The HSBC readings bucked the findings of official factory and services surveys earlier this week.


ACTIVITY in China's services sector slowed to its lowest in five months in June, a private survey showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.

Beijing has rolled out a suite of measures since last year,