Sunday, May 31, 2015   

China's service sector grows slower: survey
(05-07 14:25)

China's service sector continued to grow in April, but at a slower pace, according to an industry index released by HSBC today.
The HSBC/Markit China Services Business Activity Index, an indicator designed to provide a snapshot of operating conditions in the sector, stood at 51.4 in April, down from 51.9 in March.
"Service sector firms saw a modest expansion of business activity. That said, the rate of growth eased from March and remained weak in the context of historical data," said data company Markit in a statement.
A reading above 50 indicates expansion, while one below 50 indicates contraction. --Xinhua   
Other Business breaking news:
Low fuel costs help lift AirAsia income (05-29 17:58)
Swiss watch exports fall, economy shows negative growth (05-29 17:35)
Hang Seng, Shanghai slump (05-29 16:23)
European markets directionless (05-29 15:39)
Nikkei extends gains to 11 sessions (05-29 15:19)
IMAX set for HK public float (05-29 14:05)
HK, Chinese shares eke out gains (05-29 12:42)
Nikkei extends rally (05-29 11:03)
New Android seeks to make smartphone smarter (05-29 10:19)
Google unveils Android Pay in fresh challenge to Apple (05-29 10:12)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.