China Recovery Likely Picked Up With Outlook Buoyed by Stimulus

China's economy likely continued to show signs of improvement in April, buoying the outlook for recovery as policymakers ramped up support. Data due Friday will offer a glimpse of whether the world's second-biggest economy was able to sustain the recovery momentum in the first quarter as it seeks to achieve an ambitious full-year growth of around 5%. Industrial production probably remained a key growth driver, with robust exports and infrastructure investment driving demand. Consumption could still be a drag as an ongoing property slump has weighed on sentiment. There's been a drumbeat of pro-growth signals from China in recent weeks….