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Asia Markets Rise Despite Slower-Than-Expected China Inflation
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Overview
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Asia-Pacific markets rose as China's November inflation numbers fell at a faster-than-expected pace. However, Hong Kong's Hang Seng index stood at a weaker open compared to a close. The S&P 500 climbed to hit a new high for the year after the November jobs report and University of Michigan consumer survey data signaled a resilient economy and cooling inflation.
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How might the slower-than-expected China inflation numbers impact the global economy?
What are the implications of the S&P 500 hitting a new high for the year?
What factors contributed to the resilience of the economy and cooling inflation?
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