By Daniel Hunter

News that China's trade data was lower than expected and that Japan is in a deeper-than-expected recession has done little to affect Asian share prices.

A slowing economy in China was signified by exports and imports in November both failing to meet market forecasts, whilst in Japan revised economic data showed that the nation's recession was deeper than originally estimated.

However, despite this Japan's benchmark Nikkei 225 closed up 0.1% at 17,935.64 points, and the the dollar was steady at 121.51 yen after touching a new seven-year high of 121.86.

Hong Kong's Hang Seng index was up 0.4% at 24,108.27, while the Shanghai Composite rose 2.8% to 3,021.19.

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