The Chinese economy released the annual data of the consumer prices index (CPI) for December, where it retreated to 4.1% compared with the prior year's reading of 4.2%, yet it missed economists' expectations of 4.0%.

Also, the annual PPI data for December was released as well, where it recorded a retreated of 1.7%, compared with the last year's reading of 2.7%, yet it missed economists' expectations of 1.6%.