China’s Oct trade data (Yuan terms): Downbeat across all indicators

Dhwani Mehta FXStreet

China's trade balance for October, in Yuan terms, came in at CNY+254.47 bn vs +280.45 bn expected and +193.00 bn last. Exports came at 6.1% y/y vs 7.0% expected and 9.0% last, while imports were +15.9% y/y vs 17.5% expected and 19.5% last.

Meanwhile, China’s export and import data for the January - October period showed exports at +11.7% y/y. while Imports climbed +21.5% y/y.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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