Asia trades mixed amid growing concerns over global growth

Asia Pacific markets traded mixed on Monday as investors remained cautious over a possible global economic slowdown after important data in the and missed expectations last week.

Chinese mainland shares traded up: The gained 1.92 percent to 3,026.99 while the Shenzhen composite was up 3.89 percent at 1,667.81.

The on-shore was near flat at 6.7224 against the dollar, retreating from an earlier level of 6.7244. The is expected to ease monetary policy further to encourage lending as it seeks to support the country‘s slowing economy. Its head, Governor Yi Gang, on Sunday the central bank will not use the exchange rate to boost its exports or as a tool in trade frictions.

Japan‘s see-sawed between gains and losses to finish up 0.47 percent at 21,125.09 while the Topix index added 0.57 percent to 1,581.44.

shares advanced 1.11 percent as the company‘s former boss, Carlos Ghosn, is reportedly seeking permission from the Tokyo District Court to attend the automaker‘s board meeting on Tuesday, Reuters said, citing a source.

Ghosn, the former Nissan chairman, was released from a detention center in Tokyo last week on $9 million in bail after being detained for more than 100 days on financial misconduct charges. He has called those charges “meritless.”

In South Korea, the was near flat at 2,138.10 while major indexes in Singapore and Malaysia struggled for gains in afternoon trade. Hong Kong‘s traded up 0.93 percent. stocks rose after the country on Sunday announced it will hold parliamentary election in seven stages starting April 11. The was up 1.09 percent while the Indian rupee traded around 69.91 to the dollar at 3:21 p.m. HK/SIN, strengthening from levels above 70.40 last week.

The in Australia fell 0.38 percent to 6,180.20 as most sectors declined. The energy sector was down 1.55 percent as oil stocks retreated: Shares of were down 2.16 percent, lower by 1.99 percent and declined 1.73 percent.

Oil prices on Friday following data that showed U.S. job gains came to a grinding halt in February while Chinese imports and exports last month slumped. The also for the euro zone.

rose 0.66 percent to $56.44 a barrel on Monday afternoon during Asian hours while international benchmark was up 0.58 percent at $66.12.