China November trade weak

Monday, 8 December 2014

China’s November trade data is out and is weak. Export growth for December was half expected at 4.1% and imports missed big at -6.7 % versus 3.8%:

As a result, the trade balance shot to a new record of $54.5bn:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.