China's services sector is faring a little better than its manufacturing counterpart - and it grew ever so slightly in April, too.
The purchasing managers' index for the sector compiled by HSBC rose from 52.3 in March to 52.9 in April. This is the fourth consecutive monthly rise.
Any level above 50 reflects growth in the survey by HSBC and compiled by Markit. In mid-2012 the readings were comfortably hitting the mid-fifties, however, so even this result on Friday indicates softening demand in the world's second largest economy
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