China’s economic recovery continued in March, driven by better-than-expected surge in service sector

• China’s non-manufacturing purchasing managers’ index (PMI) – a gauge of sentiment in the service and construction sectors – rose to 56.3 in March from 51.4 in February
• The official manufacturing PMI – a survey of sentiment among factory owners in the world’s second-largest economy – rose to 51.9 in March from 50.6 in February