China’s Growth Momentum Accelerates Further in Second Quarter, as Shown in Latest PMI and Trade Data

<p>The latest data suggests that China’s economy continues to improve in the second quarter. The Markit/Caixin services PMI increased to 56.3 in April, highest since December 2020. The reading also beat consensus of 54.2 and March’s 54.3. Separately, China’s trade surplus tripled in April, compared with a month ago. Markit/Caixin services PMI Besides the strong […]</p>
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