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21 April 2023 China | Economics & Growth | Emerging Markets

China Growth Tracker: Travel Proving the Only Positive in April

Bilal Hafeez

Summary

- Excluding flights from our high-frequency China reopening index, activity has stalled through April.

- In line with this, our market data-based China growth tracker has failed to improve, despite a strongly positive update to our economic data-based China growth tracker through March (Charts 2 and 3).

Summary

- Excluding flights from our high-frequency China reopening index, activity has stalled through April.

- In line with this, our market data-based China growth tracker has failed to improve, despite a strongly positive update to our economic data-based China growth tracker through March (Charts 2 and 3).

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