Source: China – South China Morning PostGrowth in China’s services sector slowed sharply in June to a 14-month low, weighed down by a resurgence of coronavirus cases in southern China, a private survey showed on Monday, adding to concerns the world’s second-largest economy may be starting to lose some momentum.The Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. It held just above the 50-mark, which separates growth from contraction on a…Read More