Fri, 04 Jan 2013 09:56:56 GMT
China's service sector expands at slower pace in December
China's service sector continued to expand in December but at slower pace than a month earlier, according to data by Markit Economics on Friday. The HSBC business activity index fell from 52.1 in November to 51.7 in December, still showing a growth in service sector with reading above 50 indicating expansion. The composite output index, which measures both manufacturing and