CANBERA (dpa-AFX) - China is on Tuesday scheduled to release December figures for imports, exports and trade balance, setting the pace for Asia-Pacific economic activity.
Imports are expected to rise 18.0 percent on year after jumping 22.1 percent in November. Exports are called higher by 13.4 percent on year following the 13.8 percent jump in the previous month. The trade balance is expected to reflect a surplus of $8.80 billion, down from $14.53 billion a month earlier.
Australia will provide November numbers for building approvals, with forecasts suggesting an increase of 6.0 percent on month and a decline of 19.8 percent on year. That follows the 10.7 percent monthly decline and the 29.8 percent annual plunge.
The Philippines will announce November numbers for exports, with forecasts calling for a contraction of 6.1 percent on year following the 14.6 percent decline in October.
Malaysia will release industrial production data for November, with analysts predicting a rise of 5.5 percent on year following the 11.4 percent annual expansion in October.
Copyright RTT News/dpa-AFX