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Asia stocks steady, soft China data taken in stride

Reuters  |  TOKYO 

By Shinichi SaoshiroTOKYO (Reuters) - Asian stocks held steady on Thursday, consolidating after touching their highest in a decade and appeared to take in stride a burst of Chinese data which undershot market expectations.That took some of the shine off a recent string of indicators from China showing surprisingly robust growth, though many analysts expect the world's second-biggest economy to run at a steady pace. China's factory output grew 6.0 percent in August from a year earlier, while fixed-asset investment expanded 7.8 percent in the first eight months, both well below economists' ...

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First Published: Thu, September 14 2017. 08:27 IST