BEIJING—China’s services sector grew at its quickest pace in five months in November thanks to an uptick in new orders, a private survey released on Dec. 5 showed, although the outlook for businesses over the next year worsened for the third month.
The Caixin/Markit services purchasing managers’ index (PMI) rose to 53.8 in November from 50.8 in October, well above the 50.0 mark separating growth from contraction.
