BitcoinWorld China’s Caixin Services PMI Slips to 50.4 in July, Missing Forecasts China’s Caixin services purchasing managers’ index (PMI) eased to 50.4 in July, down from June’s reading and significantly below the 53.7 forecast, signaling a slowdown in the expansion of the country’s services sector. What the Latest PMI Reading Indicates The Caixin services PMI, which tracks business activity in China’s services sector, fell to 50.4 in […] This post China’s Caixin Services PMI Slips to 50.4 in July, Missing Forecasts first appeared on BitcoinWorld.