China’s inflation fell to 0.1% in December, highlighting weak demand. Producer prices dropped for the 27th month, raising concerns over deflation despite Beijing’s attempts to revive consumption.
Chinese stocks face mounting pressure as Tencent and CATL shares fall following U.S. military ties allegations, raising global investor concerns over market stability and economic recovery.
Business confidence among Japan’s manufacturers improved to 14 in December, surpassing market forecasts, while nonmanufacturers’ sentiment declined slightly, highlighting mixed economic signals.