Economics
China's Two-Speed Economy Stays Intact as Factories Slump, Services Gain
- Official PMI and Caixin's gauge both miss economist estimates
- Services industry indicator climbed to highest in 16 months
China's Economy: What to Expect in 2016
This article is for subscribers only.
China’s economic rebalancing remained intact as the first economic reports of 2016 signaled manufacturing weakened for a fifth straight month, the longest such streak since 2009, while a gauge of services rose to the highest level in more than a year.