China June trade balance USD42.77bn (expected $42.60bn)

China June trade balance USD bn

• expected $42.60bn, prior was $40.79bn

Exports +11.3% y/y

• expected 8.9%, prior was 8.7%

Imports +17.2% y/y

• expected is 14.5%, prior was 14.8%

Posting for completeness - solid rises in both exports and imports

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In yuan terms, China trade balance 294.3bn

• expected CNY 275.1bn, prior was CNY 281.60bn

Exports y/y: +17.3%

• expected 14.6%, prior was 15.5%

Imports y/y: +23.1%

• expected 22.3%, prior was 22.1%