The headline data is here: China August trade balance: $49.83bn (vs. $40.00bn expected)

China August trade balance: $49.83bn (a record)

  • vs. $40.00bn expected and $47.30bn prior

Exports +9.4% y/y

  • expected +9.0%, prior was +14.5%

Imports -2.4% y/y

  • expected +3.0%, prior was -1.6%

MORE:

  • China January to August (ytd) trade surplus $200.5 bln
  • China January to August (ytd) exports up 3.8% from year earlier
  • January to August (ytd) imports rise 0.6% from year earlier
  • August seasonally adjusted imports up 1.7% y/y
  • Seasonally adjusted exports are up 12.3% y/y

AUD/USD down a few tics after the data