06 Apr '23 at 7:52 am #56257
Participant
China’s Caixin Services PMI reached its highest level in three years in the March reading. The New Orders component reached its highest level since December 2020.
China’s government aims to cut taxes and fees on businesses by CNY1.8 trln this year.
China’s March Caixin Services PMI 57.8 (expected 54.8; last 55.0)