China’s Caixin services PMI in June plunges to 50.3, a 14-month low
China’s Caixin Services Purchasing Managers’ Index (PMI) in June fell to 50.3 which was the lowest level in 14 months. Caixin Services PMI was released on Monday, which was 4.8 percentage points lower than the reading in May and reached the bottom of previous 14 months’ data. Caixin’s survey showed that due to the scattered […]