China Service Sector Growth Gains Strength

China's service sector grew at the fastest pace in three months in November as there were upturns in new business as well as business sentiment, survey data from S&P Global showed on Tuesday. The Caixin services Purchasing Managers' Index, or PMI, rose to 51.5 in November from 50.4 in October. A score above 50.0 indicates expansion in the service sector.

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