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A private gauge of China’s service activities retreated in June, in line with an official index that also pointed to a slowdown in the recovery of the sector.
The Caixin services purchasing managers index dropped to 53.9 in June from 57.1 in May, Caixin Media Co. and S&P Global said Wednesday.
Despite the fall, the index remained above the 50 mark that separates activity expansion from contraction for the sixth month in a row.
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