CHINA'S SERVICE ACTIVITY PICKS UP SLIGHTLY IN OCT

China's services activity expanded at a slightly faster pace in October, a private-sector survey showed on Friday, with sales growing at the softest rate in 10 months and employment stagnating as business confidence waned. The vast services sector, which provides about 48% of jobs in China, enjoyed a strong rebound earlier this year but analysts say the sluggish household income growth and uncertain job market raise questions over the sustainability of the industry's growth.

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