August Trade Data in Renminbi (CNY) Year over Year % Change August Trade Data in US dollars Year over Year % Change Takeaway: The nattering nabobs of negativity are going to have to go back to the drawing board as today’s release beat estimates significantly. This is a good sign for not only China’s economy but the global economy. It also provides an opportunity to see how well businesspeople are getting along. Imports from the US went up 33.3%, Taiwan +22.5%, EU +12.4%, and Australia +105.8%. Exports from China to the US +15.5%, Taiwain +24.9%, EU +29.4% and Australia +30.8%….