Survey on Services in China !
China's growing service sector is back in December to its lowest level in four months due to a deterioration in business prospects , a government survey showed Friday , a new element suggesting a slowdown in the second largest economy in late 2013 .The official PMI index returned 54.6 against 56.0 in November , said the National Bureau of Statistics .
Ting Lu , an economist at Bank of America -Merrill Lynch, among others , this reflects the dissipation of the effects of "mini" stimulus plan launched in mid-year.
In the services sector , the sub- expectations index fell to 58.7 against 61.3 , driven lower by between other sectors of real estate and water, in which the companies expect a contraction in activity.
The new orders component remained stable at 51.
Another survey of purchasing managers in services conducted by Markit Economics and HSBC , to be published Monday.
read also http://marketstudychina.blogspot.fr/2013/12/250-advices-from-seo-experts-in-china.html
