March trade balance USD 23.93bn (Reuters poll had +10bn USD expected)
– USD denominated exports +16.4% y/y for the month (Reuters expected +3.2%)
– USD denominated imports +20.3% y/y for the month (Reuters poll expected +18.0%)
Earlier the Customs Bureau released the CNY terms, but for Q1 as a whole, not separating out March figures:
China March trade balance (USD terms): Surplus 23.93bn (+10bn expected)
