China Services Sector Slows In February - Caixin

The services sector in China continued to expand in February, albeit at a slower pace, the latest survey from Caixin showed on Thursday with a PMI score of 51.2. That's down from 52.4 in January, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. Among the individual components, new business growth slowed, while new orders continued to decline and new business was roughly unchanged. The composite index came in with a score of 49.4, down from 50.1 in the previous month.

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