CEO of Glencore China’s imports fell 14.3% in August in yuandenominated terms from a year ago, reflecting lower commodity prices globally, while exports fell by 6.1%, bbc.com reported. As a result, China’s monthly trade surplus increased by nearly 40% to $57.8bn (R786bn). The lower trade figures were seen as a further sign of China’s industrial slowdown. The country has downgraded its growth rate for 2014 from 7.4% to 7.3%, the lowest in 25 years. Minister of labour Mildred Oliphant has not once appeared before Parliament’s portfolio committee on labour since her appointment in 2010. The DA said every attempt made by the opposition to get her to appear before the committee has been blocked by the ANC, spearheaded by Lumka Yengeni, the committee’s chairperson.