- Highlighting further weakness in the Chinese economy, data published on Sunday showed the country's exports slipping 3.3% from year-ago levels while imports plunged by 19.9%
- The slide in imports is the sharpest since May 2009, when Chinese factories slashed inventories due to the global financial crisis. Exports have not produced a negative annual reading since March 2014.
- Many are expecting China to lower its GDP target to around 7% this year, after posting 7.4% in 2014, its lowest annual growth rate in 24 years.
- Recovering from earlier losses in the session, the Shanghai Composite Index closed up 0.6%.
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