HSBC indicator for China services activity slows in June
Xinhua, July 3, 2015 Adjust font size:
Chinese service sector continued to expand in June, but at the slowest expansion rate since January, according to an industry index released by HSBC on Friday.
The HSBC/Markit China's services purchasing managers' index (PMI) was posted at 51.8 in June, down from 53.5 in May.
A reading above 50 indicates expansion, while a reading below 50 represents contraction. Endi