China's services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a private sector survey showed, as the economy braces for a rocky ride of more U.

A private gauge of China’s manufacturing activity signaled that the sprawling sector continued to expand in November, as Beijing’s efforts to revive growth help stabilize the economy.

Caixin/S&P Global services purchasing managers’ index aligned with the official gauge, which also showed China’s non-manufacturing activity weakened last month.