China's service sector registered faster growth in April, driven by stronger increases in new business despite declining foreign orders, survey results published by S&P Global revealed Wednesday.
The headline RatingDog China services Purchasing Managers' Index rose to 52.6 in April from 52.1 in the previous month.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.