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Asia-Pacific markets rise ahead of economic data from China; Japan’s GDP expands
Shares in the Asia-Pacific rose on Monday ahead of economic data from China. The S&P/ASX 200 in Australia rose 0.36%. Japan’s Nikkei 225 increased 0.53% while the Topix index added 0.23%. Investors are also awaiting economic data from China, including on industrial output and retail sales. China’s industrial output is likely to have grown 4.6% in July from a year ago, according to a Reuters poll. That figure stood at 3.9% in June. Retail sales likely increased 5% in July compared with the same period in 2021, compared to a 4% gain in June. On the geopolitics front, a group of U.S. lawmakers arrived in Taiwan on ... (full story)