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China's service sector growth falls to 9 month low

The services sector in the world's second-largest economy has slowed to its weakest pace since January.

China's state-sponsored non-manufacturing index slipped from 54.0 in September to 53.8 last month. Any level above 50 reflects growth but this is the fifth month that the guage has cooled.

The nine-month low coincides with a slowdown in China's property sector, where prices fell in 69 of the 70 cities surveyed in September.

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