China’s Sept trade data (Yuan terms): A big miss on expectations

Dhwani Mehta FXStreet

China's trade balance for Sept, in Yuan terms, came in at CNY+193.00 bn vs +266.05 bn expected and +286.50 bn last. Exports came at 9.0% y/y vs 10.9% expected and 6.9% last, while imports were +19.5% y/y vs 16.5% expected and 14.4% last.

China Customs noted that the Q4 trade still faces unstable, uncertain factors.

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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