Asia stocks try to bounce, China data a risk

SYDNEY: Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session.

Forecasts are for a fall of 6.1% in China's annual retail sales, while industrial output is seen rising just 0.4%. Risks are to the downside given new bank lending in China hit the lowest in nearly four and half years in April.