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China's Nov services activity accelerates on boost from new orders - Vimarsana News

China's Nov services activity accelerates on boost from new orders

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,...

Source: yahoo.com
China new home prices inch up for third month in November - survey - Vimarsana News

China new home prices inch up for third month in November - survey

China's new home prices rose slightly for a third straight month in November, a private survey showed on Friday, as the crisis-hit property sector struggles to stabilise despite a slew of government... -December 01, 2023 at 01:29 am EST - MarketScreener

China factory activity surprisingly expands in November – Caixin PMI - Vimarsana News

China factory activity surprisingly expands in November – Caixin PMI

BEIJING (Reuters) - China's factory activity unexpectedly expanded in November, driven by rising orders, a private survey showed on Friday, but sluggi...

Source: wkzo.com
China rejects Philippine claim of fighter jet fly-by - Vimarsana News

China rejects Philippine claim of fighter jet fly-by

China's defense ministry dismisses Philippines' claim of Chinese fighter jets disrupting joint patrols with Australia as "groundless" and "not true," according to a ministry spokesperson.

Debt-laden China's local governments scramble to rescue small banks with $21 bln in special bonds - Vimarsana News

Debt-laden China's local governments scramble to rescue small banks with $21 bln in special bonds

Local governments in China have sold record amounts of so-called special bonds this year to inject capital into struggling smaller banks, as authorities seek to contain spillover risks from a...