Asia-Pacific markets slide ahead of key China data, Nikkei tumbles over 2%

The People's Bank of China held its medium term lending facility rate unchanged at 2.5% on 182 billion yuan, as expected.

China will also release key economic data for May, including its urban unemployment rate, retail sales and industrial production numbers.Ying Tang | NurPhoto | Getty Images Asia-Pacific markets are all lower on Monday as the region looks to key economic data out from China. The world's second-largest economy will release May numbers for its retail sales, industrial output and urban unemployment rate.at 2.5% on 182 billion yuan worth of loans, as expected.

The central bank also injected 4 billion yuan through seven-day reverse repurchase operations and kept the seven day interest rate steady at 1.8%.was down 0.34% after the MLF announcement, while the CSI 300 on mainland China slid 0.45%.tumbled 2% in early trading, dragged by energy and real estate stocks, while the Topix also saw a similar loss of 1.71%.slipped 0.23%, and the small-cap Kospi climbed 0.17%, the only benchmark in positive territory.slipped 0.1%.

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