iPhone 6 Helps China’s Export

China’s slowing economy received a boost from faster export growth in September, with external demand spilling over to increase imports of goods such as the iPhone 6.

Exports increased 15.3% from a year earlier, the biggest increase since February 2013. Imports rose 7%, against projections for a 2% decline, leaving a profit of about $31 billion, data from the Beijing-based customs administration today showed.

Export demand is helping China weather a property drop. Global view is becoming more clouded, with Federal Reserve officials highlighting rising concerns about the improving US economy’s ability to withstand foreign weakness.



Trading Tip: Chinese stocks might be at a rise due to the increase in export.

Talk to us to get get FREE signals and start earning now: 


Other top stories:

European Growth Worries Affects Asia Oil

Unemployment Rate (CAD) - 10/10

Pepsi Shares Rise


Follow us and SHARE this story on Facebook/Twitter:



Please publish modules in offcanvas position.