China’s service sector shrinks, as markets await US payroll report – business live

China’s service sector shrinks, as markets await US payroll report – business live - short news


Rolling coverage of the latest economic and financial news

Introduction: US jobs report coming upChina’s service sector shrank last monthGovernment urged to ‘get a handle’ on supply chain crisis

China 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.

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source: The Guardian - 03.09.2021

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