China's Service Sector Cools; More Stimulus Possible

Shoppers walk through a dry goods market in Changsha, Hunan province, China Photograph by Nelson Ching/Bloomberg

Will China’s cooling service economy follow the flagging manufacturing sector and further drag on a slowing economy? That’s what an official index released today suggests could happen, even as China grew just 7.6 percent in the second quarter, its slowest pace in three years.

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