China August trade balance shows imports below expectations

China August: Trade balance $+119.09 bln (Reuters poll +$119.05Bn, prior +112.5bn) Dollar-denominated exports +25% y/y (Reuters poll +25.0% y/y, prior +23.9%) Dollar-denominated imports +28.2% y/y (Reuters poll +30.0% y/y, prior +27.5%) Background: Preview: China trade data due…