• exp 73.95B, prev 71.72B

Exports (Y/Y) December +20.9%

• exp 20.0% and prev 22.0%

Imports (Y/Y) December +19.5%

• exp 27.8%; prev 31.7%

We had the full-year figures earlier:

• China 2021 total year trade surplus 4.36tln yuan

China’s exports and imports topped $6 trillion for the first time in 2021

ADDED – yuan terms figures:

Imports+16.0%

• exp. 23.6%, prev. 26.0%

Exports +17.3%

• exp. 16.3%, prev. 16.6%

Trade Balance 604.7bn yuan

• exp. 453.7bn, prev. 460.7bn