China’s official PMI data for April showed the economy maintaining modest expansion, but with a clear divergence between sectors. PMI Manufacturing edged down slightly from 50.4 to 50.3, staying in expansion for a second month. PMI Non-Manufacturing dropped from 50.1 to 49.4, the lowest since January and slipping into contraction. PMI Composite also eased from […]The post China PMI Signals Modest Growth as Services Slip and Cost Pressures Build appeared first on ActionForex.