Asian Market on Recession Concern

Economic activity in China expanded at a better-than-expected rate in the fourth quarter, and there were positive readings on industrial production and retail sales for December, indicating that certain aspects of the economy are beginning to recover.China's stock market indexes, Shanghai Shenzhen CSI 300 and Shanghai Composite, fell on Tuesday after data showed that the country's economic growth slowed sharply in 2022 from the prior year. The Sh...