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MARKETS-ECONOMIC TIMES · INDIAN ·

Global Market: China's services sector growth hits three-month high in May, demand improves

As reported by Markets-Economic Times
China's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overseas business. New business activity accelerated, leading to increased hiring, though rising input costs presented a challenge. Overall economic expansion also strengthened, with the composite index showing improvement.
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