China’s service sector shrinks, as markets await US payroll report – business live - short news
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Introduction: US jobs report coming upChina’s service sector shrank last monthGovernment urged to ‘get a handle’ on supply chain crisisChina isn’t alone. Activity across Australia and Japan’s service sectors also fell last month, after lockdown restrictions were brought in to fight the pandemic.
China’s service sector has tumbled into contraction, as the pandemic hits activity and demand.
Continue..source: The Guardian - 03.09.2021