China September Trade data
Chinese Trade Balance (USD) +90.45bn
expected 98.96bnprior 102.33bn
Imports YY +7.4% USD terms
expected +1.5%prior +1.3%
Exports YY +8.3% USD terms
expected +6.0%, prior +4.4%
Some highlights of the data:
China’s September coal imports at nine-month high
China’s iron ore imports hit record high in September
China soybean imports hit record high for the month of September
China’s September export growth hits six-month high y/y
China’s September import growth hit a 17-month high
This article was written by Eamonn Sheridan at investinglive.com.