China Caixin Services PMI Rose for October

A private gauge of China’s services activities edged up in October, remaining in expansionary territory for 10 months in a row as Beijing ramped up efforts to shore up economic growth.

The Caixin services purchasing managers index climbed to 50.4 in October from September’s 50.2 which was the lowest of the year, Caixin Media Co. and S&P Global said Friday.