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04.05 - 12:31
02.05 - 18:35
China’s Consumers Lead Recovery in April
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SINGAPORE—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 quickly decelerates.
China’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.
Read more on wsj.comAbout this in other media
China Celebrates Economic Recovery, Pledges More Help on Jobs wsj.com /1 year ago
China’s Consumers Lead Recovery in April wsj.com /1 year ago
China Celebrates Economic Recovery, Pledges More Help on Jobs wsj.com /1 year ago
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