Asia Daily Update: Top Stories from 16 December

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Welcome to today’s Asia Daily Update, covering the most important developments across the region.

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🇨🇳 China Pledges to Stabilise Growth into the New Year

Chinese policymakers reiterated their commitment to maintaining economic stability, signalling continued support for consumption, small businesses, and infrastructure spending as the year draws to a close.
Source: Reuters

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🇯🇵 Japan Firms See Improved Sentiment Despite Inflation Concerns

A business survey showed improving sentiment among major Japanese firms, though companies remain cautious about rising costs and global uncertainty. Analysts say confidence is recovering gradually.
Source: Reuters

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🇮🇳 India Pushes Infrastructure Spending to Support Growth

India announced accelerated infrastructure spending, focusing on transport and energy projects. Officials said investment-led growth remains a key priority amid mixed global conditions.
Source: AP News

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🇵🇰 Pakistan Faces Pressure Over Currency and Prices

Pakistan’s economy remained under pressure as the local currency weakened and inflation stayed elevated. Authorities said reforms and external support are essential to stabilise the outlook.
Source: Al Jazeera

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That’s the wrap for today’s Asia Daily Update.
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Created with a little AI help — all stories are drawn from reliable sources including Reuters, AP News, BBC, and Al Jazeera.