USD denominated Chinese June trade balance now published 13 July 2016
- USD denominated exports yy -4.8% vs -4.1% exp
- imports uu -8.4% vs -5.0% exp
- Jan-June USD denominated exports -7.7% yy, imports -10.2%
Softer imports and exports continue to be a concern not just to China but reflective of global fragility.