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China Caixin Services PMI Rose to 57.8 in November

A.F 3 December, 2020 1:03 pm Market Update

Chinese Caixin Services PMI rose to 57.8 in November from 56.8 in October, the second highest reading since April 2010.

Total new business grew in November to the highest level since April 2010, with new export business expanding for the first time in five months.

It is reported that the Caixin Composite PMI rose to 57.5, the largest increase in total Chinese production since March 2010.

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