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China January & February exports +0.9% and imports -2.9% (yuan denominated)
YTD data from China for exports and imports dribbling out. Yuan terms:
January-February exports +0.9% y/y
- prior -0.5%
January-February imports -2.9% y/y
- prior -2.2%
January - February trade balance is +810bn yuan
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In USD terms:
Exports -6.8% y/y
- expected -9.4%, prior -9.9%
Imports -10.2%
- expected -5.5%, prior -7.5%
And, for the USD denominated trade balance:
Plunging i... Read More
Posted: Mar 7 2023, 04:23
Author Name: forexlive
Views: 070164
