China January – April yuan-denominated exports +7.5% y/y, imports -4.2% y/y
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For April alone, yuan-denominated
- exports +9.3% (prior +13.5%) … this is a good result given the tariff impact, if the data is correct
- imports +0.8% y/y (prior -3.5%)
more to come
This article was written by Eamonn Sheridan at www.forexlive.com.