Jobs at risk as China's services sector feels heat of trade war

BEIJING (Reuters) - Annual profits at China's Ningbo S-Power International Logistics Co are down a sharp 40% year-on-year, and export orders have also fallen at a similarly dizzying rate.The firm's woes highlight a bigger problem for the world's second-largest economy and its stability-obsessed leaders - the intensifying pressure on employment as a structural slowdown in the once-booming services sector is exacerbated by the protracted Sino-U.S. trade war.The simultaneous downturn in the..