China's Trade Balance in USD terms clocks in at surprising surplus over $30 billion

Joshua Gibson FXStreet

China's Trade Balance in USD terms clocked in at $31.69 billion, vaulting over the forecast of 19.40 billion and clearing the previous reading of 27.89 billion, printing at a surprise surplus versus the expected contraction.

China's annualized Imports for September in USD declined more than expected, printing at 14.3% (forecast, 15.0%, previous 19.9%), while Exports surged to 14.5% (forecast 8.9%, previous 9.8%).

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Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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