By Liangping Gao and Ryan Woo

BEIJING (Reuters) -China’s services activity expanded at the quickest pace in 15 months in August, buoyed by firmer demand at home and a rebound in foreign orders, a private-sector survey showed on Wednesday.

The RatingDog China General Services PMI, compiled by S&P Global, rose to 53.0 in August from 52.6 in July, the highest since May 2024. The 50-point mark separates expansion from contraction.

The uptick was broadly consistent with the official services PMI, which inched up to 50.5 from 50.0 in July.

RatingDog’s index is viewed as a better gauge of smaller, export-oriented service providers along China’s east coast, while the official PMI primarily tracks large and medium-sized enterprises, including state-owned companies.

China’s economy has been str

See Full Page