CONFIDENCE IN CHINA'S SERVICES SECTOR DROPS

Highlights

• The Caixin/Markit services PMI is 26.5 for February
• It was 51.8 in January

In February, the confidence in China's services sector dropped to a record low. It is revealed by the new survey of privately-owned firms. It is the latest blow to the economy. It is amid the coronavirus outbreak.

In February, the Caixin/Markit services purchasing m....