Asia stocks mixed amid choppy China markets as investors assess Beijing's weekend briefing

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

News News

United States United States Latest News,United States United States Headlines

China’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.

Asia-Pacific markets were mixed on Monday, as investors assessed China's weekend press briefing and awaited a slew of economic data this week from the region.China's Minister of Finance Lan Fo'an

China is set to release its trade data for September on Monday, with exports expected to rise 6%, a slower growth than 8.7% in August, while imports are estimated to grow 0.9%, compared to 0.5% in August.China watchers also look ahead to the week with a busy set of economic data, including China's third-quarter GDP, September industrial output growth, retail sales and unemployment rate.Feeling out of the loop? We'll catch you up on the Chicago news you need to know.

The press conference"signaled that China is getting serious about tackling deflation" and that is"precisely the message the market has been waiting for," Xie said in a research note on Monday. Chinese policymakers have"made a turn on cyclical policy management and increased their focus on the economy," it said in a research note on Oct. 13.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks mixed amid choppy China markets after Bejing hints at more stimulus in weekend meetingChina’s deflation pressures deepened in September with consumer prices rising at their slowest pace in three months at 0.4% from a year earlier.
Source: NBCNewYork - 🏆 270. / 63 Read more »