China’s services sector expanded at the second-fastest pace since 2016, with export sales growing at a the fastest rate on record.
The Caixin/Markit services purchasing managers’ index (PMI) climbed to 54.5, the highest since January 2018 and the second highest since the record started in April 2016, slightly up from 54.4 in March. The 50-mark separates growth from contraction.
We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.
Already have an account? Sign In