India, Aug. 5 -- China's services activity expanded at the weakest pace since September 2024 as new business moderated for the second month and optimism eased to the lowest in more than six years, survey data from S&P Global showed Wednesday.
The headline RatingDog China services Purchasing Managers' Index fell to 50.4 in July from 54.1 in June. Nonetheless, a score above 50.0 indicates expansion.
Activity expanded every month since January 2023 but the score signalled the weakest growth since September 2024.
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