China January - April yuan denominated exports +7.5% y/y ...Middle East

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China January - April yuan denominated exports +7.5% y/y

China January - April yuan-denominated exports +7.5% y/y, imports -4.2% y/y

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    For April alone, yuan-denominated

    exports +9.3% (prior +13.5%) ... this is a good result given the tariff impact, if the data is correctimports +0.8% y/y (prior -3.5%)

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    Jan–Apr dollar-denominated exports +6.4% y/y

    Jan–Apr dollar-denominated imports -5.2% y/y-customs Jan–Apr trade balance $ +368.76 blnJan - April trade surplus with the US is $97.07bn

    April figures, in US dollar terms:

    exports +8.1% y/yimports -0.2% y/y trade balance is a surplus of 96.18bn USDtrade surplus with the US is 20.46bn USD This article was written by Eamonn Sheridan at www.forexlive.com.

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