Following the release of the full 2018 China trade balance data, the China Customs offers additional details on the trade figures.
Key Headlines:
China’s total trade growth slowed to 8.8% y/y in q4.
China’s strong 2018 trade more due to volume increase.
China’s imports of iron ore, soybean declined in 2018.
China’s trade growth in 2019 may slow.
The biggest concern for trade is external uncertainty.
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