BUSINESS ACTIVITY OF CHINA HIT 7-MONTH HIGH

Highlights:

• The business activity in China has surged to a 7-month high in June due to a boost in the recovery in the service sector. 
• Non-manufacturing purchase index of China has surged to 54.4 in June as compared to 53.6 in May. 
• June’s figures indicate a month-on-month expansion coming in above the 50 levels.

The business activity in China has surged....