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China's services activity picks up as conditions improve, Caixin PMI shows
China's services activity expanded at the fastest pace in three months in October, helped by early signs that Beijing's big stimulus push was helping improve business conditions, a private-sector survey showed on Tuesday.
China’s Caixin Services PMI rises to three-month high of 52 in October
China's Caixin Services Purchasing Managers' Index (PMI) increased to 52.0 in October, a rise of 1.7 percentage points and reaching a three-month high, indicating sustained recovery in China's services sector,
China Oct PMI Expansions Point to Impact of Fiscal Support
China is considering approving next week the issuance of over 10 trillion yuan ($1.40 trillion) in extra debt in the next few years, Reuters reported on Tuesday, which would primarily be used to help local governments address off-the-books debt risks.
China Caixin Services PMI Adds to Signs of Economic Green Shoots
A private gauge of China’s services sector showed that activity rose at a faster pace in October, adding to signs that Beijing’s stimulus is starting to energize the economy.
What China’s October PMI expansion reveals about fiscal support impact
China’s manufacturing sector showed signs of recovery in October, with the PMI edging up to 50.1, marking the first expansion in six months.
China Services PMI Improves To 52.0 In October - Caixin
The services sector in China continued to expand in October, and at a faster rate, the latest survey from Caixin revealed on Tuesday
China Caixin PMI Signals Pickup in Service Sector Activity
A private gauge of China’s services sector signaled that business activity grew at an accelerated rate at the start of the fourth quarter.
China Services Growth Picks Up More Than Expected After Stimulus
China’s service activity expanded at the fastest pace since July, a private survey showed, a sign that consumer demand may be on the mend after Beijing’s recent barrage of stimulus measures to shore up growth.
China’s services activity picks up in October as stimulus impact emerges: Caixin PMI
Caixin/S&P Global services purchasing managers’ index (PMI) grew to 52 in October, matching the official PMI released last week.
10h
China Market Update: Services PMI Beats As Premier Li Signals Economic Policy Support
Asian equities had a strong day as Hong Kong and Mainland China significantly outperformed the region, while Japan, the Philippines, and Thailand had good days, and South Korea underperformed.
Markets Insider on MSN
14h
China is boosting market sentiment by playing up hopes for stimulus
Chinese Premier Li Qiang said ahead of the US presidential election that Beijing has "ample space for fiscal policy and ...
5d
China's manufacturing PMI rises to 50.1 in October, buoyed by introduction of incremental pro-growth policies
The purchasing managers' index (PMI) for China's manufacturing industry, which gauges activity in the sector, rose to 50.1 in ...
1d
Dax Index News: Manufacturing PMI in Focus as DAX Eyes 19,500 Resistance
December Fed rate cut optimism fuels DAX rally to 19,255, while PMI data and US factory orders set the tone for the Monday ...
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