China's November imports expanded 6.7 percent on-year, confounding expectations for a drop of 1.3 percent and the strongest gain since September 2014, data showed on Thursday. Exports rose 0.1 percent from a year earlier, defying predictions for a 5 percent slide. Demand from all of China's major trading partners improved significantly, especially Europe and the United States, though shipments to emerging economies remained weak. That left the country with a trade surplus of $44.61 billion for the month, the General Administration of Customs said, versus forecasts of $46.30 billion and October's $49.06 billion.
Aussie is currently being traded around 0.7480 level. Pair is likely to find support around 0.74 handle and resistance above 0.7550 area.
