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i mean by that is the perception of china from outside, even those who have businesses here and have teams here, for whom china is a very important market and then the writ lived reality on the ground. that is due anywhere in the world but i think one of the world but i think one of the confusions during the pandemic period particular contributed to the gap. what they will find is and they will visit their own teams and factory floors and get an idea on what the outlook is but the truth is zero covid and some of the other challenges have really stomped on consumer investor confidence and it has beenin investor confidence and it has been in unbalanced so far so it isjust not been in unbalanced so far so it is just not the recovery people were hoping for even if it is not as grim as the more sensational headlines suggest. we just want to ask you because regulations in china have tightened. this is not good for a business environment, for anyone. a business environme ....
Year and in february he was thusly the slow reopening so we are still very early into the recovery in china. we have only had march and april official data being released so thatis official data being released so that is two months of data. i think one of the things that our contacts tell us there is at the recovery has actually been pretty rose pretty robust on the consumer side. what you are seeing is a two speed economy and the sectors most directly impacted by covid are recovering quite strongly. we just got auto data for the month of may and it hit a new record after being down 20% in the first quarter relative to the first quarter relative to the prior peak so some of this just need some time. we need the recovery to play out and we are expecting the second half to be better than the second quarter. to be better than the second auarter. ~ ~ to be better than the second auarter. ~ . , , ., quarter. which industries are the most quarter. which industries are the most worrie ....
According to the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales in April 2023 reached 3,31,278 units, marking the highest ever sales for the month of April ....
The list includes some major consumer names like Johnson & Johnson and PepsiCo, as well as some less well-known corporates such as Auto Data Processing. ....