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China's imports rise in August www3.nhk.or.jp
China's imports rose in August for the first time in nearly 2 years.
Customs officials say imports were up 1.5 percent from the same month last year...to 138.5 billion dollars, beating market expectations. It's the first growth in 22 months.
The officials say China bought more semiconductors, liquid crystal panels and other electronic components from Japan and Southeast Asia.
Analysts credit Apple's decision to produce its new iPhone in China for the upward trend.
Meanwhile, exports were down for the fifth straight month...falling 2.8 percent to 190.5 billion dollars. That result was due to weak sales of clothes, shoes and precious metals.
Published Date:2016-09-08
