China’s services sector growth rose for the second month in a row and hit its highest level since June 2018 , according to the Caixin China General Services Business Activity Index, released on Friday. Resilience in the service sector underpinned the Caixin China Composite Output Index, an index that measures manufacturers and service providers together. The headline Caixin China Manufacturing Purchasing Managers’ Index is contracting and now down to 49.7. Trade War: A Thorn In Xi’s SideChina’s slowdown is not a surprise to long-term investors there. So assuming that the trade war weighs on China for the rest of this year, what can Xi do to keep the economy stable?

Source: Forbes January 04, 2019 13:30 UTC