• China 1H 2019 exports seen rising by 6.1% y/y in yuan terms - China customs

Market news

12 July 2019

China 1H 2019 exports seen rising by 6.1% y/y in yuan terms - China customs

  • 1H 2019 trade surplus of ¥1.23 trillion

  • 1H 2019 exports +6.1% y/y (in yuan terms)

  • 1H 2019 imports +1.4% y/y (in yuan terms)

  • country's trade is facing a flurry of challenges and that the external environment remains complex.

  • 1H trade conditions were resilient due to stable economy

  • China's economy is in a proper range so far this year

  • Trade is facing pressure but still has good outlook

  • China's 1H 2019 trade surplus to the US increased by 12% to ¥954.8 billion

  • 1H exports to the US fell by 2.6% y/y (in yuan terms)

  • 1H imports from the US fell by 25.7% y/y (in yuan terms)

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