Business
China services and composite PMI edges higher in November
The Caixin China General Service PMI increased to 51.5 in November 2023 from 50.4 in the prior month. It was the 11th straight month of growth in services activity and the fastest expansion since August, amid reports of firmer market conditions.
The Caixin China General Composite PMI rose to 51.6 in November 2023 from 50.0 in the prior month. This was the 11th straight month of growth in private sector activity and the steepest pace since August, as factory activity unexpectedly expanded following a fall in October while the service sector rose the most in 3 months.
ETFs: (FXI), (KWEB), (CQQQ), (MCHI), (ASHR), (YINN), (TDF), (CHIQ), (GXC), (EWH), (KBA), (YANG), (CXSE), (CAF), (CWEB), (PGJ), (KURE), (CHIX).
Currency: (CNY:USD)
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