Strong services sector drives resurgent Chinese GDPStaff Writer | April 20, 2017
Sales Managers’ Index (SMI) data shows that the Chinese economy continued to grow in April, at the strongest pace in 21 months.
Chinese economy The Prices Charged Index continues to rise
The Prices Charged Index continues to rise in both Manufacturing and Services sectors, suggesting building inflationary pressures in the economy.
Business optimism remains tepid overall however managers in the Service sector were considerably more upbeat than those in the Manufacturing sector. ■