China trade balance for May: CNY 296bn (prior CNY 276.5bn)

China trade balance for May:

• prior was CNY 276.5bn

Exports y/y: +18.1% y/y

•  prior was +22.2%

Imports y/y: +39.5% y/y

• prior was +32.2%

 more to come  

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And, in USD terms

China trade balance: $45.53bn

• expected $ 50.5bn, prior was $42.9bn

Exports: +27.9% y/y

• expected +32.1%, prior +32.3%

Imports: +51.1% y/y

• expected +51.5%, prior was +43.1%

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