China's Trade Balance for December, in Yuan terms, came in at CNY517 billion versus CNY507.10 billion last.
The December exports came in at +10.9% vs.+14.9% last while imports arrived at -0.2% vs. -0.8% prior.
China’s 2020 yuan-denominated exports +4% YoY.
China’s 2020 yuan-denominated imports -0.7% YoY.
China’s 2020 trade balance CNY3.7 trillion.
The aussie dollar jumped a few pips on the upbeat Chinese trade data, which suggests robust signs of an economic turnaround.
AUD/USD was last seen trading at 0.7753, nearly daily highs, up 0.27% on the day.
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 assets. 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 Open Markets 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. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.