- Asian stock markets remained wobbly on Wednesday after a mixed batch of Chinese data showed growth in the world's second largest economy still in low gear.
- October industrial production growth cooled to 5.6% last month, while urban fixed asset investment increased by 10.2% in the January-October period, its slowest annual pace in over two decades. Retail sales helped offset the weakness, accelerating by 11% from a year earlier.
- Separately, the FSB's new global capital rules may require China's four biggest banks to raise up to $400B, an onerous task that could pressure lending at a time when Beijing needs to boost economic growth.
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