China's services grew at the fastest pace in over a year in March driven by improved demand, and manufacturing also improved, leading to strongest expansion of the private sector in nine months, survey data from IHS Markit showed on Wednesday.
The Caixin China services Purchasing Managers' Index, or PMI advanced to 54.4 in March from 51.1 in February. The reading was the strongest since January 2018.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.