Asian stock markets took a breather on Tuesday to sort out their hopes that the momentum for better global economic growth overshadowed the U.S. rate hike this week.
The latest optimism comes from China. The overall performance of the latest financial data in China is relatively dazzling. In November, the newly-increased credit support far exceeding the expected monthly increase in financial intermediation and M2 rebounded. This may bode well for the retail and industrial output figures released later this week.
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