China's Manufacturing and Service Sectors Show Mixed Recovery Signs in December

1 min read
Source: Reuters
China's Manufacturing and Service Sectors Show Mixed Recovery Signs in December
Photo: Reuters
TL;DR

China's services sector growth slowed to a six-month low in December, with new business and foreign demand declining, although business sentiment remains optimistic for 2026. Companies continue to cut staffing and face rising input costs, while lowering prices due to intense competition, amid ongoing economic challenges like property downturns and deflation.

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