Chinese Unemployment Rate (Dec) 5.1% vs. Exp. 5.2% (Prev. 5.1%)
The Chinese unemployment rate for December came in at 5.1%, slightly better than the expected 5.2%, maintaining the previous rate.
Japan's Chief Cabinet Secretary confirms that the LDP are considering food and drink consumption tax exemption
China's NBS says the contradiction between supply and demand remains prominent
Chinese Unemployment Rate (Dec) 5.1% vs. Exp. 5.2% (Prev. 5.1%)
Japanese PM Takaichi is to host a press conference from 18:00JST / 09:00GMT about the snap election
[ANALYSIS] Trump threatens tariffs tied to Greenland ahead of Davos: What happened and what's next?
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This minor beat may suggest resilience in the labor market, which could have implications for consumer spending and economic stability in China. Overall, while the difference is marginal, it could signal positive momentum ahead for the Chinese economy.
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