I was expecting this around 0200GMT ... but, nope .... kept me waiting.

China trade balance for November: $ 46.3bn surplus

  • expected $46.90bn, prior $49.06bn

& Exports +0.1% y/y ... tiny rise but a beat

  • expected -5.0%, prior -7.3%

& Imports 6.7% y/y ... big beat

  • expected -1.9%, prior -1.4%

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Earlier we got this data in yuan terms (CNY terms): post is here, but, to save you a click:

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%