A MAJOR boost to Chinese lending in January buoyed Asian markets yesterday, even following
The news follows better than expected trade figures for January released last week, helping to ease fears that the world's second biggest economy is slowing down.
The Nikkei shrugged off
The bank's senior economist added: "The growth disappointment poses the risk that these reforms may be delayed or put off entirely and that the authorities will rely on even more monetary and fiscal stimulus for growth in the short-term. But that would seriously increase the risk that Abenomics ends up as an expensive flash in a pan."
Japanese industrial production also came in slightly below expectations yesterday, with a 0.9 per cent increase recorded between November and December, less than the 1.1 per cent boost projected by analysts.
Production still demonstrates the strength of
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