China’s Services Gauge Slows Again With Growth at Six-Month Low

China’s services activity expanded at the weakest pace in six months, according to a private survey, as new export business returned to contraction because of fewer tourist arrivals.

The RatingDog China services purchasing managers’ index slipped slightly to 52 in December, slowing for a fourth straight month, according to a statement published Monday. That matched the median forecast of economists surveyed by Bloomberg, with any reading above 50 indicating an expansion.