The Caixin/Markit services Purchasing Managers’ Index (PMI) fell to 52.1 in November from 53.8 in October, but remained above the 50-point mark that separates growth from contraction on a monthly basis. The readings in the private survey, which focuses more on small firms in coastal regions, tallied with those of an official survey, which also showed the expansion in the services sector lost some steam. Analysts say the services sector, which has been slower to recover from the pandemic than manufacturing, is more vulnerable to sporadic COVID-19 outbreaks and anti-virus measures, clouding the outlook for a much anticipated rebound in consumption in the months to come.