Yuan terms data was out earlier: China trade balance for August: CNY 286.5bn (expected CNY 335.7bn)

China trade balance for August: USD 41.99bn

  • expected $48.45bn, prior was $46.73bn

Exports: +5.5% y/y

  • expected 6.0%, prior was 7.2%

Imports: +13.3% y/y

  • expected 10.0%, prior was 11.0%

More:

  • August trade surplus with USA was 26.23 bn USD (25.2 bn USD in July)