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Commerzbank says February exports rose nearly 40% year-on-year, leaving the 12-month trade surplus at about 6.2% of GDP. The slight yuan appreciation against the dollar and euro did not dent export performance, with exports to the EU up 27% while exports to the US fell 11%.
Strong export performance despite yuan gains shows the currency is not curbing China's trade momentum, which supports steady import demand. Shifts in export destinations could alter China's trade flows with the US.
fxstreet.comFXStreet Insights TeamMar 10, 2026After 81 past trade events, USDCNY moved a median +0.1% over 5 sessions (58% higher; middle half -0.3% to +0.6%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
