The General Administration of Customs of the People’s Republic of China released January month trade balance data this Thursday at 03:00 GMT, with the figures broadly surpassing the estimates in both the Chinese Yuan (CNY) and USD terms.
Looking at the greater detail, it can be known that the imports fell lesser than expected by-1.5% during the first month of 2019 versus -7.6% contraction registered at the end of 2018. The exports, on the other hand, increased with a bit more pace to +9.1% compared to -3.2% expectations and -4.4% previous.
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