Asia shares close lower as China economic data miss expectations

Shares in Asia closed lower on Friday as China reported a slew of economic data that missed expectations, deepening worries about headwinds facing the world's second largest economy. China reported that industrial production in November grew 5.4 percent year-on-year, lower than the 5.9 percent that Reuters projected. The Bank of Japan's closely watched Tankan survey showed confidence among large Japanese manufacturers was steady in December compared to three months ago.