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China August trade data, Exports -8.8% y/y (expected -9.2%) & Imports -7.3% (exp -9.0%)

China August trade data in both USD and CNY terms in the screenshot below. For the period January - August (that is, YTD):USD denominated exports are down 5.6% y/y and imports are down 7.6% y/yin CNY terms for the YTD exports +0.8% (a falling currency helping) and imports -1.3%Another poor report on trade from China. If there is a bright side its that the published numbers are better than those expected.USD/CNH is little changed circa 7.3250. This article was written by Eamonn S... Read More

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Content Topics

China

August

Trade

Data

Exports

Expected

expected

9 2

Imports

9 0

Forex

Posted: Sep 7 2023, 03:02

Author Name: forexlive

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