Economics | 17 May 2024 CCBI SECURITIES | RESEARCH China Economics Update: Mixed April economic data points to gradual recovery 中国经济评论: 四月数据显示经济逐步复苏 April economic data was mixed, consistent with a gradual recovery. Industrial Kevin Xie production has benefited from support for domestic demand and improved external (852) 3911 8241 demand, as strong manufacturing investment has sustained. Despite soft retail sales kevinxie@ccbintl.com growth in April, we expect spending on catering, travel, and entertainment ...