China Trade Balance Surplus Smaller Than Expected In May

(For May 2011)

China trade balance was reported at USD 13.5 billion vs. USD 11.4 billion in April and USD 19.3 billion consensus. Export and import growth were running at 19.4 and 28.4  percent vs. 29.9 and 21.8 percent y-o-y in April.

Big miss, but we had large positive surprise in April.

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This entry was posted on Friday, June 10th, 2011 at 2:16 am and is filed under China, Commodities. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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