March 05, 2025 01:57 GMT
CHINA: Caixin PMI Services Bounce Back Past Lunar New Year.
CHINA
- The resilience of the service sector is evident in today’s release as the impact of the Lunar New Year holiday begins to fade.
- February’s release for the Caixin PMI Services was +51.4 was up from January’s +51
- The release has maintained strong momentum since late 2022, reflecting that despite the challenges for the domestic economy stemming from the property sector, domestic demand remains stable.

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