Japan’s Cabinet maintained the overall economic assessment in the December report, noting that the economy is recovering moderately. South Korea’s Finance Ministry expects 2023 growth of 1.6%, coupled with CPI growth of 3.5%.
India imposed a five-year anti-dumping duty on stainless steel tubes and pipes from China.
China will conduct strict reviews of M&A action that could impact national security.
New Zealand’s November trade deficit NZD1.86 bln (last deficit of NZD2.30 bln). November Credit Card Spending 16.0% yr/yr (last 24.6%)