China services growth slows sharply, adds to recovery risk

Growth in China’s services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday – fresh evidence of rising risks to a revival in the world’s No.2 economy. The HSBC services Purchasing Managers’ Index (PMI) fell to 51.1 in April from 54.3 i…

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China services growth slows sharply, adds to recovery risk