China imports, exports rise

|By:, SA News Editor

China July exports +5.1% Y/Y versus expectations of +3%.

China July imports +10.9% Y/Y versus expectations of +2.1%.

Trade surplus: $17.8B versus estimate of $27.2B.

Market check: Nikkei +1.25%, Shanghai Composite, +0.5%, Kospi, +0.7%, ASX, +1.24%, Hang Seng, +0.8%.