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China’s services sector sentiment surged in November, jumps to second-highest level since April 2010

Summary:
[unable to retrieve full-text content]Activity in China’s services sector surged in November as the economy continued its strong recovery from the coronavirus outbreak earlier this year, a private survey showed on Thursday.The Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, rose to 57.8 in November from 56.8 in October.The reading was the second highest since April 2010, below only June’s reading of 58.4.November’s reading was also above the median prediction by analysts…

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[unable to retrieve full-text content]
Activity in China’s services sector surged in November as the economy continued its strong recovery from the coronavirus outbreak earlier this year, a private survey showed on Thursday.The Caixin/Markit services purchasing managers’ index (PMI), a gauge of sentiment among smaller, private firms, rose to 57.8 in November from 56.8 in October.The reading was the second highest since April 2010, below only June’s reading of 58.4.November’s reading was also above the median prediction by analysts…

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