Trade Balance CNY terms, 298.11bn
- expected 320.00bn, prior 325.25bn
Exports +5.9% y/y ... much higher than expected
- expected -1.0%, prior -3.2%
& Imports +13.0% y/y ... much higher than expected
- expected 3.6%, prior 3.2%
Well, that's pretty good news on exports.
Comments from China Customs bureau:
- Pressure on China's exports likely to ease at the beginning of next year
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We should get the USD terms soon (usually in around 20 to 25 minutes time)
China trade balance for November
- expected $46.90bn, prior $49.06bn
& Exports % y/y
- expected -5.0%, prior -7.3%
& Imports % y/y
- expected -1.9%, prior -1.4%
