China’s Services Sector Is in the Doldrums as Covid-19 Lockdowns Bite

Activity in China’s services sector fell in April to its weakest level since the early days of the pandemic, according to one indicator, as Covid-19 lockdowns shut restaurants and stores and kept millions of people at home.

Activity in China’s services sector fell in April to its weakest level since the early days of the pandemic, according to one indicator, as Covid-19 lockdowns shut restaurants and stores and kept millions of people at home.

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