Asia shares step back after mixed Chinese data
Asian stock markets pulled back slightly on Wednesday after a mixed batch of Chinese data showed growth in the world's second-biggest economy was still in low gear.
China's October industrial production growth cooled to 5.6 percent last month from a year ago, slightly lower than the 5.8 percent gain seen by economists in a Reuters poll. Retail sales jumped 11 percent from a year ago, just ahead of expectations of a 10.9 percent increase.
Chinese shares extended losses, with the CSI300 index .CSI300 of the largest listed companies in Shanghai and Shenzhen falling 1.3 percent, while the Shanghai Composite Index .SSEC eased 0.9 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS gave up earlier gains to trade little changed. Taiwan .TWII shares recorded a 1.4 percent decline.Japan's Nikkei .N225 and South Korean .KS11 shares were little changed.
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