Indicator Showing Trade Balance in CNY in China
China| Date | Value | ||
|---|---|---|---|
| Forecast | Actual | Deviation | |
| Date | Related Instruments Price Volatility | |||||
|---|---|---|---|---|---|---|
| 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | ||
Trade Balance (in Renminbi) is an economic indicator that shows the difference between the exports and imports of goods and services in China, measured in Renminbi. This data is released monthly by the National Bureau of Statistics (NBS) and the General Administration of Customs (GAC) of China. It is crucial for assessing the health of trade and international competitiveness.
A trade surplus, where exports exceed imports, leads to an increase in foreign exchange reserves and is generally considered a positive indicator for the Chinese economy. Conversely, a trade deficit, where imports exceed exports, results in a decrease in foreign exchange reserves and may indicate economic imbalances.
Policymakers use this data to adjust trade and exchange rate policies. Fluctuations in the trade balance can impact exchange rates, financial markets, and policy decisions. For businesses and investors, the trade balance is an important source of information for formulating export-import strategies and making investment decisions.
| Date | Value | Related Instruments Price Volatility | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Forecast | Actual | Deviation | 1 min later | 5 min later | 10 min later | 15 min later | 30 min later | 60 min later | ||
