The headline data is here: China August trade balance: $49.83bn (vs. $40.00bn expected)
China August trade balance: $49.83bn (a record)
- vs. $40.00bn expected and $47.30bn prior
Exports +9.4% y/y
- expected +9.0%, prior was +14.5%
Imports -2.4% y/y
- expected +3.0%, prior was -1.6%
MORE:
- China January to August (ytd) trade surplus $200.5 bln
- China January to August (ytd) exports up 3.8% from year earlier
- January to August (ytd) imports rise 0.6% from year earlier
- August seasonally adjusted imports up 1.7% y/y
- Seasonally adjusted exports are up 12.3% y/y
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AUD/USD down a few tics after the data
