China March Trade Balance 194.6bn yuan
- expected 203.65b, prior 209.50b
Exports up 18.7% y/y (yuan terms) (As I posted earlier ... exports expected to have bounced back ... there ya go)
- expected +14.9% y/y and prior -20.6%
Imports down 1.7% y/y (yuan)
- expected at -4.8% y/y, prior -8.0%
More via Reuters:
- January - March oil products imports -1.9 pct y/y
- Jan-Mar crude oil imports +13.4 pct y/y
- Jan-Mar iron ore imports +6.5 pct y/y
- Jan-Mar copper imports +30.1 pct y/y
- Jan-Mar coal imports -1.2 pct y/y - customs
More from Customs comments:
- Foreign trade still faces relatively big difficulties
- Exports likely to gradually stabilise in Q2
Still awaiting in US dollar terms, but you get the idea.
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AUD higher after the data (a little anyway)
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Also, earlier from China (NDRC):
- Q1 power consumption up 3.2% y/y
- March Fuel consumption up 7.2% y/y