China’s service providers reported stronger increases in both activity and new business in April, according to the latest PMI® data. The 12-month outlook also improved at the start of the second quarter. Cost pressures rose to the highest in 2026 so far but remained modest overall, enabling another cut in charges. The headline RatingDog China General Services Business Activity Index posted further above the 50.0 neutral mark in April at 52.6, up from 52.1 in March, to signal a sharper increase in services activity. The current sequence of growth began in January 2023. The faster increase in activity was driven by a ... (full story)