China services activity plunges to lowest since early 2020

May 05, 2022 11:12 AM

BEIJING (BLOOMBERG) – China’s services activity slumped to its weakest level in more than two years in April as Covid outbreaks and lockdowns continued to pummel consumer spending and threaten economic growth.

Source : https://www.straitstimes.com/business/economy/china-services-activity-plunges-to-lowest-since-early-2020