China’s Jan-Feb Trade Balance: Imports and exports miss estimates TradeBalance EconomicIndicator China AUDUSD
China's Trade Balance for the period January-February, in Yuan terms, came in at CNY738.8 billion versus CNY407.53 expected and CNY604.69 billion last.Imports increased by 12.3% vs. 21.3% expected and 16% prior.China reported a bigger-than-expected rise in the trade surplus, as imports dropped while exports surpassed expectations.Exports : +16.3% vs. +15% exp. and +20.9% prior.China Jan-Feb crude oil imports at 85.14 mln tonnes.
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