China's Services Sector Slows, But Growth Persists
Update: 2026-01-05
Description
Chinas services sector growth slows, with new business and export orders declining. Despite this, business owners remain optimistic about future market conditions and expansion plans. Job cuts continue, leading to a small backlog buildup. The economy is expected to grow by around 5% this year, with officials focusing on boosting spending and investment. Input costs remain high due to increased materials and wages, but firms cut selling prices due to competition. Checkout Solipillow.com
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