China economic data, Japan GDP, earnings, politics

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020.Toru Hanai | Bloomberg via Getty ImagesShares in the Asia-Pacific were mostly higher on Monday ahead of economic data from China.The S&P/ASX 200 in Australia rose 0.43%.Japan’s Nikkei 225 increased 0.98% while the Topix index added 0.51% after the country reported an expansion in GDP.Mainland China markets climbed. The Shanghai Composite gained 0.15% and the Shenzhen Component was up 0.37%.Hong Kong’s Hang Seng index was 0.1% lower.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.India and South Korea markets are closed for a holiday Monday.

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