China services activity growth cools in March, private PMI shows

China services activity growth cools in March, private PMI shows

Asia One·2026-04-03 17:00

BEIJING - Growth in China's services activity slowed in March from February's 33-month high, as softer demand and a decline in overseas orders weighed on momentum, a private-sector survey showed on Friday (April 3).

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, fell to 52.1 in March from 56.7 in February, remaining above the 50-point mark that separates expansion from contraction.

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