China trade data for July 2024
Yuan terms:
Exports +6.5% y/y
prior +10.7%
Imports +6.5% y/y
prior -0.6%
Trade Balance +600bn yuan
prior +703.7bn
—
In terms of US dollars:
Trade Balance USD 84.65bn
expected 99.0bn, prior 99.05bn
Imports +7.2% y/y
expected +3.5%, prior -2.3%
Exports +7.0 y/y
expected +9.7%, prior +8.6%
—
This article was written by Eamonn Sheridan at www.forexlive.com.
