Learn more

By Vivek Kumar China experienced a slowdown in growth in both its manufacturing and services activities in April, indicating a sluggish start to the second quarter for the world’s No. 2 economy. Despite a strong growth rate of 5.3 per cent last quarter, there are concerns among policymakers about the need for further stimulus measures. The official manufacturing Purchasing Managers’ Index (PMI) for April, released by the National Bureau of Statistics, showed a slight drop from March, coming in at 50.4 compared to 50.8. Similarly, the services sector also saw a decrease in growth, with the NBS …