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China’s economic recovery continued in March, driven by better-than-expected surge in service sector

Summary:
[unable to retrieve full-text content]China’s economic recovery continued in March, powered by a better-than-expected surge in the service sector, data released on Wednesday showed. China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the service and construction sectors – rose to a four-month high of 56.3 in March from 51.4 in February, according to data released by the National Bureau of Statistics (NBS). The result was above expectations, with analysts predicting a rise to 52.The official…

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[unable to retrieve full-text content]
China’s economic recovery continued in March, powered by a better-than-expected surge in the service sector, data released on Wednesday showed. China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the service and construction sectors – rose to a four-month high of 56.3 in March from 51.4 in February, according to data released by the National Bureau of Statistics (NBS). The result was above expectations, with analysts predicting a rise to 52.The official…

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