06-May-2026
Economy News
 
China Services Activity Grows at Faster Rate in April, Private PMI Shows
06-May-2026

China's services activity expanded at ?a faster pace in April, helped by stronger growth in ?new business, although overseas demand continued to decline, a private-sector survey showed on Wednesday. The ?RatingDog China General Services purchasing ?managers' index, compiled by S&P Global, rose to 52.6 in April from ?52.1 in ?March, staying above the 50-mark that separates expansion from contraction.

News Source:- https://money.usnews.com/investing/news/articles/2026-05-05/china-services-activity-grows-at-faster-rate-in-april-private-pmi-shows