China November services sector activity rises to seven-month high - Caixin PMI

BEIJING (Reuters) - Activity in China's services sector accelerated to a seven-month high in November, as new business, especially new export business, picked up, a private survey showed on Wednesday.Beijing has been counting on the services sector, which accounts for more than half of China's economy, to partly offset sluggish domestic and global demand for manufactured products as a prolonged trade war with the United States drags on.The Caixin/Markit services purchasing managers' index (PMI)..