China's service sector continued to expand in April but the pace of growth moderated slightly, survey results from S&P Global showed on Monday. The Caixin services Purchasing Managers' Index fell to 52.
China’s manufacturing production activity expanded in April, but analysts pointed to supply-demand imbalances and lingering deflationary pressures, while services activities moderated last month.
Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers.
China's service sector expanded at a faster pace in March with rising new business and improving confidence, survey results from S&P Global showed on Wednesday. The Caixin service sector Purchasing Managers' Index, or PMI, rose to 52.