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Asian equities mixed as US inflation, China data loom
Asian equities mixed as US inflation, China data loom

Asian markets swung Wednesday, continuing their yo-yo start to the year as traders assess the economic outlook with Donald Trump back in the White House, with focus now on the release of key US inflation data. Also in focus this week is the release of Chinese 2024 growth data, with expectations that it could come in below the previous year and be among the slowest in more than three decades.

Renewed US trade war threatens China's 'lifeline'
Renewed US trade war threatens China's 'lifeline'

China might not be able to rely on trade to steer it out of trouble as blistering tariffs being considered by US President-elect Donald Trump threaten an already struggling economy. The specific trade imposts Trump intends to levy against China are not yet clear but the country's export surge last year "will ignite further fury among US trade hawks", Innes said.

China's economy seen slowing further in 2024: AFP survey
China's economy seen slowing further in 2024: AFP survey

China's economic growth likely fell fractionally short of the government's five percent target last year, according to an AFP survey, as leaders head into 2025 steeling for the second presidency of Donald Trump amid fears of another painful trade standoff.