The time of release for the trade balance is unspecified, as usual.

Around 0300GMT is about right if recent releases are anything to go by.

Yuan terms

China trade balance

  • expected CNY 136bn, prior was CNY 93.57bn
  • Exports y/y expected 4.7%, prior was 3.1%
  • Imports y/y expected 5.8%, prior was 10.3%

USD terms

China trade balance

  • expected $23.2bn, prior was $13.84bn
  • Exports expected -3.8%, prior -2.7%
  • Imports: expected -3.3%, prior was -4.0%

The trade war is a big negative for Chinese exports, of course.