Yuan denominated trade balance data for June
China trade balance for June: 284.2bn yuan
- expected 355.0bn, prior was 366.8bn
Exports y/y +2.1%
- expected +1.2%, prior was -2.8%
Imports y/y -6.7%
- expected -16.2%, prior was -18.1%
-
In USD .... China trade balance for June: 46.54bn surplus
- expected +$56.7bn, prior was 59.49bn
Exports +2.8% y/y
- expected is +1.0%, prior was -2.5%
Imports -6.1% y/y
- expected is -15.5%, prior was -17.6%
