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China's Trade Data On The Soft Side

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 13, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Chinese trade surplus eased to CNY311.2 billion in June, down from CNY324.8 billion in May in spite of an upside surprise in exports and a further contraction of imports. Exports increased 1.3%y/y in yuan terms in June in reaction to a weakening yuan. Indeed, throughout June the renminbi lost almost[​IMG]

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