Economic Buzz: China services PMI eases to 52.0 as growth momentum softens
05-Jan-2026
10:23
China's services sector saw a slight loss of momentum in December 2025, with the RatingDog China General Services PMI edging down to 52.0 from 52.1 in November. The reading marked the weakest expansion since June, as growth in business activity and new orders slowed to a six-month low. The moderation was driven by a renewed decline in foreign sales, partly reflecting fewer tourist arrivals. Meanwhile, employment fell for a fifth straight month, as firms continued to cut both full-time and part-time staff amid cost pressures and ongoing restructuring efforts.
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