International Economic

China services PMI falls as trade wars hammers business confidence

By Benjamin Chiou

Date: Tuesday 06 May 2025

(Sharecast News) - Economic activity growth across China's services sector slowed to its lowest level in seven months in April, as Washington DC's trade war impacted levels of new business.
The closely followed Caixin services purchasing managers' index fell to 50.7 last month, down from 51.9 in March and well below...

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