China trade balance data is dribbling out. Awaiting more detail.

Yuan-denominated:

  • exports +13.6% y/y
  • imports +12.9% y/y

Update - More incoming now.

USD terms:

  • Jan-Feb exports +16.3% y/y (expected 15%)
  • imports +15.5% y/y (expected 16.5%)
  • trade balance $115.95bn (expected was much lower, $95bn)

Trade balance +738.8bn yuan