China’s Nov trade data (USD): Upbeat across all indicators

The China customs published trade balance for Nov in USD terms, reporting a beat expectations in the Chinese exports and imports data.

In USD terms,

Trade Balance (USD) Nov came in at 40.21B surplus versus 35.0B exp and 38.2B previous.

Exports (YoY) Nov: +12.3% (est. +5.3% and 6.9% last)

 Imports (YoY) Nov: +17.7% (est. +13.0% and 17.2% last)