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.
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.
Posted by Reuters
