BEIJING (Reuters) – Task in China's services and products sector defied the usa's financial cool down to extend modestly in July, an individual survey confirmed on Monday, as new trade orders recovered from a multi-year low in a uncommon signal of resilience. However that was tempered through a fall in costs charged by way of firms to a nine-month low, suggesting demand used to be still too susceptible for them to lift costs, and as industry expectations hovered close to their lowest on the grounds that 2005. The HSBC/Markit Purchasing Managers' Index (PMI) for the services business stood at 51. …
China HSBC services PMI shows some resilience
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