USD terms:
85.15bn USD
- expected 95.97bn, prior 84.74bn
Exports -0.3% y/y, a big miss
- expected 4.5%, prior 5.7%
Imports -0.7% y/y also a miss
- expected flat at 0%, prior +0.3%
CNY terms (a falling CNY accounting for the difference from USD terms)
- Trade balance +568.1 bn yuan
- exports +7% (expected +12.7%, prior +10.7%)
- imports +6.8% (expected +10.0%, prior +5.2%)