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