China stocks pare declines after central bank holds rates; Taiwan stocks rise after elections

China stocks and Taiwan’s main stock index experienced mixed results in Monday’s trading. China’s CSI 300 index initially fell but later recovered slightly, while Taiwan’s Weighted index rose after the ruling Democratic Progressive Party won the presidential election. The People’s Bank of China surprised markets by leaving its medium-term policy loans rate unchanged. Investors will be closely watching China’s Q4 GDP numbers and Japan’s inflation figures for December later in the week. The U.S. stock and bond markets were closed on Monday for Martin Luther King Day.