China trade balance data is dribbling out. Awaiting more detail.
Yuan-denominated:
- exports +13.6% y/y
- imports +12.9% y/y
Update - More incoming now.
USD terms:
- Jan-Feb exports +16.3% y/y (expected 15%)
- imports +15.5% y/y (expected 16.5%)
- trade balance $115.95bn (expected was much lower, $95bn)
Trade balance +738.8bn yuan
