Asian Shares Rise as Wall Street Lifts; China’s Deflation Risks Linger

Asian Markets Rise, Chinese Stocks Struggle on Deflation Concerns

Asian markets tracked Wall Street higher on Thursday, with Japan’s Nikkei surging 1.5% and MSCI’s broadest index of Asia-Pacific shares rising 0.2%. However, Chinese stocks were battling to sustain a rally after data raised concerns about deflationary pressures in China and suggested the economic slowdown may have further to run.