China Trade Rises in Yuan, Weaker in Dollars

The yuan was nearly 5 percent lower at the end of August 2016 than a year ago, and 7 percent below where it was in July 2015.

Bloomberg: China’s Exports Stabilize in Yuan Terms, While Imports Pick Up
Overseas shipments increased 5.9 percent in yuan terms in August from a year earlier, the customs administration said Thursday. Imports rose 10.8 percent to leave a trade surplus of 346 billion yuan ($51.9 billion).
The numbers are moving in the right direction, with imports up more than exports.

In U.S. dollars, exports fell 2.8 percent and imports rose 1.5 percent, for a total trade decline of 1.1 percent.

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