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China service growth hits 7-month low as trade disruptions weighs on new business orders

Source: SeekingAlpha

2025-05-06 01:30:42 ET

A private survey on Tuesday showed China’s services activity expanded at its slowest pace in seven months in April, falling to 50.7 from 51.9 in March and below market forecasts of 51.7, as new order growth softened amid uncertainty over US tariffs....

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China service growth hits 7-month low as trade disruptions weighs on new business orders
Direxion Daily FTSE China Bear 3X

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