- China's service sector activity expanded at a weak pace in March, indicating soft consumer demand after the long holiday.
- The RatingDogChina service purchasing managers' index fell from 56.7 in February to 52.1, dropping more than expected, while economists had predicted 53.6.
- Despite a slight uptick in official PMI data, consumption services like retail remain in contraction, posing challenges for the government as it aims to shift economic focus towards consumer spending.
