China's services growth hits 7-month low as tariffs bite, Caixin PMI shows

reuters.com/world/china/chinas-services-growth-hits-7-month-low-tariffs-bite-caixin-pmi-shows-2025-05-06

China's services activity expanded at the slowest pace in seven months in April, with new orders growth slackening from March, weighed by uncertainty caused by U.S. tariffs, a private sector survey showed on Tuesday.
The Caixin/S&P Global services purchasing managers' index (PMI), fell…

This story appeared on reuters.com, 2025-05-06 01:54:32.
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