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China's services growth in December hits 17-month low

Caixin's gauge indicates an economy losing steam
Thursday, January 7, 2016 - 05:50

Beijing

ACTIVITY in China's services sector expanded at its slowest rate in 17 months in December, a private survey showed on Wednesday, in a further indication that the world's second largest economy may be losing steam.

Policymakers and economists have hoped Beijing's push to