Growing service sector won't avert China slowdown

A robust services sector will not stop China's economy from slowing into the middle of the year, analysts said after modest government stimulus was seen as a signal authorities want to steady growth to keep their reform drive on track. Two surveys on Thursday showing growth in the service sector offered some relief after a run of disappointing data this year, but did little to alter the view that the world's second-largest economy has lost more momentum than expected in 2014.
Background:
Growing service sector won't avert China slowdown [Reuters]
China slowdown fears linger as manufacturing remains sluggish [The Telegraph]