China December trade data shows exports and imports both gained y/y ...Middle East

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China December trade data shows exports and imports both gained y/y
China's December Trade Balance (in yuan terms CNY) is a surplus of 540.9bnprior surplus, in November, was 490.8bnExports +3.8% y/y in December, prior +1.7%Imports +1.6% y/y in December, prior +0.6%In US dollar terms, the trade balance is a surplus of 75.34bnexpected 74.75bn, prior 68.39bnexports +2.3% y/y (expected +1.7%, prior +0.5%)imports +0.2% y/y (expected +0.3%, prior -0.6%)***China's customs agency says out of major exporters it surveyed, 75% expect exports to remain the same or rise in 2024 This article was written by Eamonn Sheridan at www.forexlive.com.

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