China’s April Trade Balance: Mixed data fails to lift the aussie China TradeBalance AUDUSD EconomicIndicator USDCNY
China's Trade Balance for April, in Yuan terms, came in at CNY325.08 billion versus CNY441.88 expected and CNY300.58 billion last.Imports decreased by 2.0% vs. -2.9% expected and -1.7% prior.China reported a bigger-than-expected growth in the trade surplus, as imports and exports outpaced expectations.Exports : 3.9% vs. +3.2% exp. and +14.7% prior.China Jan-April yuan-denominated exports +10.3% YoY. China Jan-Apr dollar-denominated exports +12.5% y/y, imports +7.1% YoY.
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