China leads Asian shares lower after the State Council said yesterday that it will continue with
China leads Asian shares lower after the State Council said yesterday that it will continue with its effort to keep property market under controls, and after the central bank drained more funds than expected from inter-bank markets, although that did offset a record-high injection prior to the New Year holiday.
Asian shares ended mostly lower Thursday after China's inflation data for December raised some doubts about the pace at which Beijing will likely ease its monetary policy.