Amid growing concerns about China’s economic stability, the nation’s service sector, which encompasses businesses such as restaurants and entertainment, experienced its slowest growth in eight months in August.

A recent survey analyzing various factors within the service sector revealed a drop from 54.1 in July to 51.8 in August.

China’s government has implemented measures to stimulate economic activity, including facilitating borrowing for home purchases.

The survey also highlighted a decline in foreign orders for Chinese companies, indicating reduced international demand. Business confidence about the future has also waned.

In summary, the sluggish growth of China’s service sector suggests a potential economic slowdown, raising concerns about the nation’s economic health.