KM Financial Solutions | China’s services activity plunges as virus wipes sales – Caixin PMI
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China’s services activity plunges as virus wipes sales – Caixin PMI

China’s services activity plunges as virus wipes sales – Caixin PMI

China’s services sector had its
worst month on record in February as new orders plummeted to
their lowest level since the global financial crisis, a business
survey showed on Wednesday, with economists urging swift support
to avoid mass bankruptcies.

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