Ahead of the June trade figures the Customs Bureau have released January – June collated data, in CNY terms
- exports +3.7% y/y
- imports -0.1% y/y
- a CNY 2.82 tln surplus
Customs says:
- sluggish global economic growth, slowing global trade and
investment, geopolitical risks and weakening external demand
continue to impact China’s trade
Still to come are the June month numbers, scheduled at 0300 GMT, which is 11pm US Eastern time. this time ins a ballpark though, the actual release time does vary