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Last week, China released a deluge of economic data which generally disappointed. Trade numbers for September which were announced on Sunday were below consensus estimates on both the imports (-8.5 percent actual versus -5.2 percent estimated) and the exports (-3.2 percent actual versus -3.0 percent estimated).
The trade balance was the bright spot, coming in at USD39.65 billion versus the forecast of USD33.3 billion and the previous year number at USD34.84 billion. A definition of the trade balance provided by Investing.com states: "The Trade Balance measures the difference in value between imported