Trade balance for August out now
China trade balance for August: CNY 286.5bn
- expected is CNY 335.70bn, prior was CNY 321.20bn
Exports +6.9% y/y
- expected is 8.7%, prior was 11.2%
Imports +14.4% y/y
- expected is 11.7%, prior was 14.7%
More ... January - August:
- iron ore imports +6.7% y/y
- crude oil imports +12.2% y/y
- Natural gas imports +25.5% y/y
- steel product exports -28.5% y/y
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USD terms should be following soon