By Vivek Kumar China’s services sector grew slightly slower due to higher costs in April, but there’s still optimism with increased new orders and positive business sentiment, suggesting a continued economic recovery, according to a recent private sector survey. However, job opportunities continued to decline. The Caixin/S&P Global services purchasing managers’ index (PMI) dropped marginally to 52.5 from 52.7 in March, showing ongoing expansion for the 16th straight month. “While the Caixin services PMI edged down last month, it dropped by less than its official counterpart, and the survey dat…