China Trade Data Underwhelms

China released improved trade data that missed expectations on Thursday, figures that suggest external demand remains weak and domestic recovery fragile, analysts say.

The country's exports rose 7.2 percent from the year ago period, lower than the 10.6 percent rise predicted by a Reuters poll and after gaining 7 percent in May.

Imports climbed an annual 5.5 percent, versus Reuters' forecast for a 5.8 percent rise but reversing a 1.6 percent contraction in May.  That brings trade balance to a surplus of $31.6 billion, compared with $35.92 billion logged in May.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

RELATED TOPICS