China’s February exports plunge 18.1 per cent in sign of weak demand; imports rise 10.1 per cent + MORE Mar 8th

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60 days - 1.75% + MORE Aug 13th

This GIC rate is offered by Oaken Financial and was updated on 2014-06-06. Click on the link above to get more details or apply online..... More »

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Do you need market-neutral ETFs in your portfolio? Apr 23rd

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BEIJING, China – China’s exports plunged by an unexpectedly large 18 per cent in February, possibly denting hopes trade will help drive the slowing economy while communist leaders push ambitious promised reforms.
Exports declined to $114.1 billion while imports rose a stronger-than-expected 10.1 per cent to $137.1 billion, customs data showed Saturday.
Weakness in key European and U.S. export markets could raise the risk of politically dangerous job losses in trade-reliant industries that employ millions of workers at a time when communist leaders want to focus on restructuring China’s economy.
China’s official 2014 economic growth target of 7.5 per cent, announced this week by Premier Li Keqiang, assumes trade also will grow by 7.5 per cent. But customs data show combined imports and exports so far this year have shrunk by 4.8 per cent.
The ruling Communist Party is trying to reduce reliance on trade and investment to drive growth by promoting domestic consumption and giving market forces a “decisive role” in the economy…

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