Markets in Asia were mixed by the end of Tuesday, with China announcing at its annual parliamentary meeting that it has cut its growth target.
In Japan, the Nikkei 225 fell 95.76 points, or 0.4%, to 21,726.28, as shares of index heavyweight Softbank Group declined 1.8%
The Japanese yen traded at 111.92 against the U.S. dollar after seeing an earlier high of 111.70.
In Hong Kong, the Hang Seng edged up 2.01 points to 28,961.40,
Korean markets settled, with chipmaker SK Hynix seeing its stock slip 0.6%
Australian markets lost ground, too, with majority of the sectors lower on the day. The moves Down Under came after the country's central bank announced it was keeping interest rates steady at 1.5%.
The Australian dollar was at $0.7076 U.S. following the Reserve Bank of Australia's interest rate decision after touching an earlier high of $0.7096.
CHINA
In China, the CSI 300 added 21.91 points, or 0.6%, to 3,816.01
China kicked off its annual parliamentary meeting, the National People's Congress, on Tuesday where Premier Li Keqiang said the country must be prepared for a "tough struggle" as it faces a "grave and more complicated environment."
Official economic growth target this year, he said, will be 6% to 6.5%, lower than the growth of 6.6% in 2018, the slowest pace since 1990.
In other markets
In Korea, the Kospi index lopped 11.43 points, or 0.5%, to 2,179.23
In Taiwan, the Taiex let go of 44.62 points, or 0.4%, to 10,305.26
In Singapore, the Straits Times Index slumped 17.01 points, or 0.5%, to 3,234.07
In New Zealand, the NZX 50 slid 13.8 points, or 0.2%, to 9,399.69
In Australia, the ASX 200 dipped 18.12 points, or 0.3%, to 6,199.29
