Growth in China's services sector slows

|By:, SA News Editor

China's HSBC services PMI slipped to 52.5 in November from 52.6 in October.

Composite PMI increased to an eight-month high of 52.3 from 51.8.

Employment in the services sector expanded for the third consecutive month.

"However, the moderation of new business and prices-charged growth implies that the underlying growth momentum started to soften," HSBC says. (PR)

The official services PMI dropped to 56 from 56.3.

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