Hot on the heels of the HSBC services purchasing manager's index showing the sector contracted once again comes the reading for China - this time showing it rose for the third consecutive month.
China's HSBC services PMI rose in March to 52.3. The index had showed a reading of 52 in February.
Any level above 50 reflects growth in the survey by HSBC and compiled by Markit. In mid-2012 the readings were comfortably hitting the mid-fifties, however, so even the positive result on Friday indicates softening demand in the world's second largest economy
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