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China services sector picks up in February as new orders improve

HSBC/Markit Services PMI rises to 52 from Jan's 51.8


ACTIVITY in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's second-largest economy.

The HSBC/Markit...

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