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"Consistent bad news from the property sector has overshadowed more resilient parts of the economy," analysts at AllianceBernstein wrote.

China's services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months amid reports of firmer market conditions. The findings present a mixed picture of the vast services sector as an official survey last week showed the sector unexpectedly contracted for the first time since December last year, prompting calls for more stimulus measures. The Caixin/S&P Global services purchasing managers' index (PMI) rose to a three-month high of 51.5 in November from October's 50.4,...

China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to a three-month high in November, data released on Tuesday showed.

China's services activity expanded at a quicker pace in November, a private-sector survey showed on Tuesday, as the upturn in new businesses were the best seen for three months amid reports of firmer... -December 04, 2023 at 08:45 pm EST - MarketScreener

The findings present a mixed picture of the vast services sector as an official survey last week showed the sector unexpectedly contracted for the first time since December last year, prompting calls for more stimulus measures, , china