On February 8, according to Caixin, nearly two years after being investigated, Hao Gang, the former deputy director of the Beijing Municipal Financial Supervision Bureau, was sentenced to 11 years in prison in the first instance. According to Caixin's understanding from multiple channels, Hao Gang was involved in bitcoin money laundering; in addition, he also assisted a top bitcoin mining company executive to lift the border control, accepting bribes or up to 10 million yuan. On February 6, 2025...
China's November Caixin services PMI was 51.5, compared with expectations of 52.4, compared with the previous value of 52.
On December 4th, the service industry continued to be in the expansion range in November, but it fell back from the previous month. The November fiscal new China general service industry operating activity index (service PMI) released on December 4th recorded 51.5, down 0.5 percentage points from October, still above the critical point, indicating that the expansion of service industry operating activities slowed down slightly.
China's November Caixin manufacturing PMI was 51.5, up from an expected 50.5 and a previous value of 50.3.
According to Caixin, the Caixin China Manufacturing Purchasing Managers Index (PMI) recorded 51.5 in November, up 1.2 percentage points from October, and has been in the expansion range for two consecutive months.
China's October Caixin services PMI will be released in ten minutes.
China's October Caixin services PMI was 52, expected to be 50.5, compared with a previous value of 50.3.
On November 5th, the expansion of the service industry accelerated in October, with supply and demand improving simultaneously, and business confidence rebounded at a low level. On November 5th, the October fiscal new China general service industry operating activity index (service PMI) recorded 52.0, higher than 1.7 percentage points in September and the highest point in nearly three months, indicating that the service industry has rebounded.
China's July Caixin services PMI was 52.1, expected to be 51.5, compared with a previous value of 51.2.
According to Caixin, the July Caixin China General Service Industry Business Activity Index (PMI) released on August 5 recorded 52.1, up 0.9 percentage points from June, indicating that the expansion of the service industry has accelerated.