Asian Shares Steady As Investors Await China Support Measures, 2023 Growth Targets
• Asian shares flat as markets hold recent gains on confidence of lower interest rates globally next year • Investors looking for signals from Chinese policymakers on possible property market support • China growth targets for 2023 expected to be set at 4.5-5.5% by government advisers • Markets buoyant in November with stocks rallying on expectations of more benign rate backdrop • Crude oil prices extend losses on prospects of smaller-than-expected OPEC+ output cuts