The PMI Services Index in China for December stands at 52.0, confirming market expectations (forecast: 52.0) and remaining virtually stable compared to November (52.1).



This stability reflects moderate service activity despite macroeconomic pressures. For financial and cryptocurrency market participants, this data serves as an important barometer of the economic cycle and investor confidence.

A PMI reading above 50 indicates sector expansion, while maintaining this level suggests a steady trajectory without significant acceleration. This stability can influence asset allocation decisions and investment strategies in a context where global economic indicators guide market movements.
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CexIsBadvip
· 01-07 07:58
China's services PMI remains steady at 52, another uneventful month... This data probably doesn't have much impact on the crypto market; it still depends on the Federal Reserve over there.
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OffchainOraclevip
· 01-05 18:31
Is this China's Services PMI? 52.0 steady, no surprise, but this kind of stability is actually a signal for us — being able to hold up under macro pressure indicates that the foundation is still there. The crypto market should digest this.
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FlashLoanPhantomvip
· 01-05 02:26
China's Services PMI remains an ordinary 52.0, nothing surprising... The market has been waiting for this number, and now that it's here, it's just so-so.
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ImaginaryWhalevip
· 01-05 02:23
52.0? Is that it? China's economy is so weak, PMI doesn't even budge.
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ProxyCollectorvip
· 01-05 02:23
China's services PMI is just like that, nothing surprising.
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BrokeBeansvip
· 01-05 02:09
PMI is still 52. China's economy is indeed so steady that it's a bit boring. 52.0 compared to 52.1, this batch of data really has no waves... It feels like the market reaction is also minimal, is the crypto world still sleeping? With the economy so steady, it actually makes me a bit uneasy... When will there be real improvement? To put it simply, it's still that saying: trading cryptocurrencies based on economic data is doomed; just a Fed comment can reverse the trend. We retail investors look at PMI like checking the weather forecast, we can't predict anything, might as well just watch the order book.
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YieldChaservip
· 01-05 01:59
52.0 is as expected, it seems that the service industry in China is just maintaining the current pace.
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