China Service Sector Growth Softens

The Chinese service sector continued to expand in January, but the pace of expansion moderated on slowing new order growth, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index, or PMI, unexpectedly fell to 52.7 in January from a five-month high of 52.9 in the previous month. The score was seen at 53.0.Original Article