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China's services sector grew slowly in December 2025, with private PMI at 52.0, amid weak foreign demand and job losses, yet business confidence rose.
China's services sector expanded in December 2025 at its slowest pace in six months, with the private-sector PMI slightly declining to 52.0, still above the 50 threshold.
New business growth slowed, especially from foreign demand due to lower tourism, while employment fell for the fifth straight month.
Despite rising input costs and falling prices from competition, business sentiment reached a nine-month high.
The composite PMI rose slightly to 51.3, and the economy remains on track for its 5% 2026 growth target amid ongoing structural challenges and proactive government policy.
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El sector servicios de China creció lentamente en diciembre de 2025, con un PMI privado de 52,0, en medio de una débil demanda extranjera y pérdidas de empleos, pero la confianza empresarial aumentó.