3 July 2026, 07:56 China: Services Growth Beats Forecasts.
The RatingDog China General Services PMI declined to 54.1 in June 2026 from May's three-month high of 54.4. However, the latest reading exceeded market forecasts of 53.0, supported by growth in new orders, although the pace of increase eased slightly while remaining above the trend seen during the current expansion period. Foreign demand supported the overall increase in new business, growing for the second consecutive month and at the fastest pace since October 2024.
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