Activity in China’s services sector grew at a healthy pace in April, a sign that Chinese consumers continue to drive the country’s economic rebound as its factory sector decelerates
SINGAPORE—Activity in China’s services sector grew at a healthy pace in April, a sign that Chinese consumers continue to driveChina’s official purchasing managers index for the nonmanufacturing sectors of the economy—that is, services
and construction—came in at 56.4 in April, a weaker reading than March’s 58.2 level but still comfortably above the 50 mark that separates expansion from contraction, according to data released Sunday by China’s National Bureau of Statistics.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
TooFab's Week In Celebrity Photos: April 23 - April 29Vanderpump Rules stars Ariana Madix and Lala Kent looked stunning at the CAA Kickoff Party for The White House Correspondents’ Dinner Weekend. Also check out more star sightings from the event! (via toofab)
Read more »
TooFab's Week In Celebrity Photos: April 23 - April 29The Last of Us stars Pedro Pascal and Bella Ramsey aka Joel and Ellie stepped out for an FYC event for the HBO series (via toofab)
Read more »
TooFab's Week In Celebrity Photos: April 23 - April 29Sydney Sweeney, Lukas Gage, Chris Appleton and more step out for an Armani Beauty event to celebrate the launch of the My Way Refillable Parfum (via toofab)
Read more »
Banks, consumers being tested in the wake of Silicon Valley Bank's collapseMore than one month after banking alarms sounded across the globe with the collapse of Silicon Valley Bank and Signature Bank, lending institutions are still reeling, and consumers are skeptical. MORE ⬇️
Read more »
Europe's economy barely grows as inflation pinches consumersThe European economy has scraped out meager growth of 0.1% in the first three months of the year.
Read more »
Inflation pressures remain persistent as consumers pull backA key index of underlying inflation that is closely followed by the Federal Reserve remained elevated last month, keeping the Fed on track to raise interest rates next week for the 10th time since March of last year.
Read more »