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China trade data in USD terms impresses

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 13, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Latest China trade numbers in USD terms, as released by the NBS:

    China Dec trade balance +$60.1 bln vs $53.0 bln expected

    China Dec imports -7.6% y/y vs -11.5% y/y expected

    China Dec exports -1.4% y/y vs -8.0% y/y exp

    Meanwhile, China 2015 exports came in at -2.8% y/y; imports showed -14.1% decline y/y

    China trade balance improved +$594.5 bn in 2015 vs +$382.46 bln 2014
    For more information, read our latest forex news.
     

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