China's service industry accelerates at steady pace in November

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Source: Reuters
Service sector in the world's second largest economy expanded at a steady rate in November suggesting that China's economy gathered its momentum as government started reforming, a report published by the HSBC and Markit Economics showed on Wednesday. The HSBC/Markit purchasing managers' index for service industry remained at 52.5 after recording 52.6 in the prior month.

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