A look at the day ahead in Asian markets from Jamie McGeever.Chinese trade figures for May top the Asia-Pacific economic data and events calendar on Wednesday with investors keen to see whether April's shock slump in imports is repeated, which will offer clues on the health - or otherwise - of domestic de
Chinese trade figures for May top the Asia-Pacific economic data and events calendar on Wednesday with investors keen to see whether April's shock slump in imports is repeated, which will offer clues on the health - or otherwise - of domestic demand.
Analysts polled by Reuters reckon the economy grew by 0.3 per cent from the previous quarter, and by 2.4 per cent compared with the same period a year ago. Both would mark a slower pace of growth from the fourth quarter of last year. Chinese trade data for May will be the main focus, especially imports, which have been sluggish for over a year. The scrapping of pandemic-era restrictions and lockdowns earlier this year was supposed to spur a surge in domestic demand, but that hasn't happened.
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