China release trade and inflation data over the weekend and both showed it is slowing sharply. For trade, exports were 5.4% year on year and imports 3.0%, both large misses to expectations. The trade deficit is still large at $44.7bn:
Inflation was also concerning. The CPI decelerated sharply:
Aided by petrol:
And the PPI slumped as well:
With inflation hard to find at all:
China is slowing fast.