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China – (Sep.) Caixin Services PMI 50.6 (prior 52.7) & Composite 51.4 (prior 52.4)

Private survey PMIs from Caixin / Markit
Caixin Services PMI 50.6
– prior 52.7
– September result is a 21 month low
Composite 51.4
– prior 52.4
– 3 month low
Commenting on the China General Services PMI™ data, Dr. Zhengsheng Zhong, Director of Macroeconomic Analysis at CEBM Group said: