China’s Jan trade data (Yuan terms): Surplus shrinks on huge imports surge

China's trade balance for January, in Yuan terms, came in at CNY +135.8 bn vs +330 bn expected and +262 bn last. Exports came at 6% y/y vs 2.6% expect
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AUD/USD is not impressed by a rise in China's iron ore imports

China imported 100 million tonnes of iron ore in January, compared to 84.3 million tonnes in December, customs data show. Arrivals were 94.54 million
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