Markets are eagerly awaiting the latest flurry of Chinese data. The country's January inflation gauge is due to released by the National Bureau of Statistics next week.
Analysts predict that annual inflation may edge lower to 2.3 percent in January from 2.5 percent in December. That's mainly due to expectations of sufficient food supplies during the Lunar New Year holiday. Meanwhile, analysts say that a warmer-than-usual winter also has depressed agricultural prices which leads to less price pressure for food.
Source: CCTV
