China December trade data shows exports rise 9% y/y

December trade balance from China, these in ‘yuan terms’ 

Exports for the month +9.0% compared with +2.9% expected

  • For the year exports +5% y/y

Imports beat huge, +17.7% y/y, vs expected at +8.6%

  • for the Jan to Dec year imports +1.6% y/y

As part of the data release, shows trade between the US and China is down 10.7% y/y in 2019. 

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