China trade: Horrible details in Jan, exports/imports collapse

Following a strong trade surplus in December, boosted by strong exports, China's trade balance for January 2016 came in at CNY 406.2bn vs +389.01bn expected, with exportsfalling by 6.6% vs +3.6% expected and +2.3% last, while imports were -14.4% vs +1.8% expected and -4.0% last.
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