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Caixin service PMI, which gauges the.....>

CHINA DATA
CHINA DATA: Caixin service PMI, which gauges the activities of China's smaller
service companies, fell from 53.1 in Sept to 50.8 in Oct, the lowest in 13
months, said Caixin, which independently publishes the data. New orders
sub-index stalled for the first time in almost 10 years at around 50, halfway
between contraction and expansion, Caixin said. Many companies noted shrining
demand, with confidence over the future at a three-month low, Caixin said
without giving details. The slowing trend is consistent with the official
service PMI released last week, which fell to 53.9 from 54.9 in Sept.

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