Some of the trade data coming out:

Yuan terms

Exports -0.7% y/y:

  • expected +1.5%, prior was +2.6%

Imports -6.2%y/y:

  • expected -2.3%, prior was -2.6%

Still awaiting the rest of the data.

Looks like the trade balance will be 280bn yuan surplus

  • expected 253.8bn, prior was 239.6bn