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China Sept trade balance surges, exports show good momentum

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Oct 13, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - China trade balance came in at 376.20 bn yuan vs $292.41 bn yuan expected and 368 bln yuan last. Exports were -1.1% vs -7.4% exp and -6.10% last, while imports were -17.7% vs -16.5% expected and -14.3% last.

    According to China Customs, in a headline via Bloomberg, exports narrowing fall shows good momentum, adding that foreign trade still faces difficulties, Reuters reports.
    For more information, read our latest forex news.
     

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