China’s trade balance (CNY): Surplus expands in May, a big beat

Dhwani Mehta FXStreet

China's trade balance for May, in Yuan terms, came in at CNY 279.12bn versus CNY 140.50bn expected and CNY 93.57bn last.

Exports came at +7.7% y/y vs. +15.5% expected and +3.1% last, while imports were -2.5% y/y vs. +15.9% expected and +10.3% last.

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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