China trade still solid

Advertisement

China trade data for November out with exports up 10.3% and imports 15.6%. The surplus was a very healthy $39.7bn:

Steel exports rebounded a little to be down -30% year on year:

Advertisement

And iron ore exports rebounded from what was a statistical quirk in October I suspect, roaring along at 94.8mt, if looking a bit toppy:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.