business expectations: But that was tempered by a fall in prices charged by companies to a nine-month low, suggesting demand was still too weak for them to raise prices, and as business expectations hovered near their lowest since 2005. , according to Reuters. A reading above 50 suggests business grew compared to a month ago, while an outcome below 50 points to contraction. BEIJING - Activity in China's services sector defied the country's economic cool down to expand modestly in July, a private survey showed on Monday, as new business orders recovered from a multi-year low in a rare sign of resilience. The HSBC/Markit Purchasing Managers' Index PMI for the services industry stood at 51.3 in July, unchanged from June and just a whisker above a 20-month low of 51.1 struck in April.
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6.8.13