China’s November trade data just came out: exports rose 5.9% year-over-year (, beating the forecast of 4.0%), while imports grew only 1.9% versus an expected 3.0%.
Stronger-than-expected exports could strengthen the yuan and boost market sentiment, although weaker imports suggest domestic demand remains subdued. For crypto markets, these numbers may influence capital flows and risk appetite in Asia.
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FarmHopper
· 12-08 21:47
Exports exceeded expectations, which is good, but imports performed so poorly... Domestic demand is still not doing well.
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GasWaster
· 12-08 13:08
ngl the rmb pump might just be another false bottom before the real dump... meanwhile asia's capital flows are gonna be tied up in gas fees anyway lol
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GasSavingMaster
· 12-08 07:52
Exports have increased so much, but weak imports are still a bit concerning... Domestic demand really hasn't picked up.
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HodlKumamon
· 12-08 07:51
Exports at 5.9 exceeded expectations and are pretty good, but imports at 1.9... well, domestic demand is indeed a bit tepid. After calculating the impact coefficient of this on Asian capital flows, I think we need to approach this cautiously.
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SneakyFlashloan
· 12-08 07:47
The export figures have contradicted expectations, while imports are still underperforming... Are we going to focus on boosting exports?
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SignatureLiquidator
· 12-08 07:44
Exports exceeded expectations but imports underperformed; this data looks a bit awkward... Domestic demand is still weak. Can Asian capital flow into the crypto market?
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ShibaOnTheRun
· 12-08 07:40
Exports exceeded expectations... Is the RMB about to take off? By the way, the weak import data is a bit awkward.
China’s November trade data just came out: exports rose 5.9% year-over-year (, beating the forecast of 4.0%), while imports grew only 1.9% versus an expected 3.0%.
Stronger-than-expected exports could strengthen the yuan and boost market sentiment, although weaker imports suggest domestic demand remains subdued. For crypto markets, these numbers may influence capital flows and risk appetite in Asia.