Growth in China's services sector slowed in August, hitting the lowest level since May 2016, an official survey showed on Thursday.
The seasonally adjusted Purchasing Managers' Index (PMI) - a composite indicator created to provide a single-figure snapshot of operating conditions in the manufacturing economy - registered 51.6 in August, up from 51.1 in July to signal an improvement in overall operating conditions.
Production advanced at the steepest pace in seven months in August, driven by faster intakes of new work received.
Companies reported the strongest intake of new orders since May, bolstered by the weaker pound.
ADP employment data for August estimated private-sector payrolls rose by 237,000 compared a consensus estimates of 185,000.
A Chinese manufacturing index expanded to its highest in six months in August, a private survey showed Friday.
The central bank has cut the benchmark Selic interest rate aggressively to protect the fragile recovery, with 12-month inflation at its lowest in eighteen years.
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"Alongside the weight of good news, the recent lift in the value of the Australian dollar is dampening the outlook for sales growth both in export and the domestic markets".
Higher demand forced firms to raise their staff numbers in August and the rate of job creation was the most marked in over seventeen-and-a-half years.
India's services sector also gathered steam in the latest quarter and capital investments also bounced back from contraction in the March quarter.
The final index for new orders was 51.9, well below the preliminary index of 52.7 and only slightly higher than a final 51.8 in July.
Commenting on the data, Rob Dobson, director of IHS Markit, said: "The key question is whether this positive start to the second half of the year can be sustained".
Prime Minister Narendra Modi scrapped high value currency notes previous year in a bid to fight corruption and wipe out black money.