Investing.com - Share prices rose in Asia on Tuesday as China reported GDP figures as expected with the full-year coming in at 6.9% for all of 2015, the lowest since 1990.
The Shanghai Composite Index was last up 1.64% , while the S&P/ASX 200 rose 0.72% and the Nikkei 225 gained 0.21%.
In China fourth quarter GDP rose 1.6% quarter-on-quarter, a tad lower than the 1.7% gain seen, while year-on-year GDP came in at the expected 6.8% rate.
The annual pace for 2015 was calculated by the NBS at 6.9% and compare to a pace of 7.3% in 2014.
As well, the Middle Kingdom reported industrial production rose 5.9%, a tad lower than the 6.0% seen and retail sales gained 11.1%, a bit lower than up 11.3% expected for December. Then fixed asset investment rose 10%, a tad off the 10.2% gain seen.
The yuan is unchanged Tuesday following a barely altered fixing from the People's Bank of China.
It was last at 6.5793 against the U.S. dollar - the same as Monday's official close. The PBOC set the yuan fixing at 6.5590 compared with Monday's 6.5596.
On Tuesday, the People's Bank of China injected RMB75 billion via 28-day reverse repos at open-market operations in line with practice ahead of the Chinese New Year to meet liquidity demand.
The PBOC last used the 28-day reverse repo in February 2015 - also before the Chinese New Year.
The week-long celebration is probably the most important holiday in China and sees hundreds of millions traveling for family reunions as well as an increase in demand for cash.