Exports and Imports Rebound in December

Bloomberg: China’s Exports Unexpectedly Rebound as Yuan Weakness Kicks In
Overseas shipments increased 2.3 percent in December in yuan terms from a year earlier, the customs administration said Wednesday. That compared with a 3.7 percent drop in November. Imports extended a stretch of declines to 14 months, falling 4 percent in yuan terms, compared with a 5.6 percent drop a month earlier, leaving a trade surplus of 382 billion yuan ($58 billion).
More later, if available.

No comments:

Post a Comment