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China’s Dec Trade data (USD): Surplus misses estimates despite a big beat on Exports and Imports

The China customs published Trade Balance for December in USD terms, reporting a smaller-than-expected increase in the trade surplus despite both exports and imports beat estimates by a big margin.

In USD terms,

Trade Balance (USD) came in at +46.79B versus +48B expected and +37.93B previous.

Exports (YoY): +7.6% vs.+3.2% exp. and -1.3% last.

Imports (YoY): +16.3% vs.+9.6% exp. and +0.5% last.

China's 2019 total trade declined slightly in USD terms, but exports grew 0.5%.

China Trade Balance CNY registered at 329.27B above expectations (315B) in December

China Trade Balance CNY registered at 329.27B above expectations (315B) in December
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Ex-Fed Chair Yellen: Phase one trade deal doesn't remove “more troublesome” risk of conflict over emerging technologies

Speaking at the Asian Financial Forum on Monday, the former Federal Reserve (Fed) Chairwoman Janet Yellen warned that the US-China tradewar is far fro
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