 China Caixin PMI Services rose from 46.7 to 48.0 in December, above expectation of 47.5. PMI Composite rose from 47.0 to 48.3, pointing to contraction in business activity for the fourth straight month. Wang Zhe, Senior Economist at Caixin Insight Group said: Both manufacturing and services sectors supply and demand contracted due to the pandemic, ... The post China Caixin PMI composite improved to 48.3, continuing contraction appeared first on Action Forex... 