Exports performed better than expected, but imports tumbled 16.7 percent compared to a year ago, compared to a fall of 14.2 percent in the previous month and that was the biggest decline since January 2016. < / p>
Expectations for imports fell 9.7 percent in May. As a result, China posted a record trade surplus of $ 62.93 billion last month, the highest since Reuters began tracking data in 1981, compared to expectations for a surplus of $ 39 billion. After a surplus of 45.34 billion in April. Trade surplus with the United States reached $ 27.89 billion in May, according to calculations by Reuters based on Chinese customs data. Medical supplies were a bright spot, as China dominated its supply chains. According to Reuters data, according to customs data, China shipped 63.2 billion yuan in medical supplies in the first half of May, compared to 71.2 billion yuan in March and April together.UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
China's exports fell 3.3% in May
NamaaZone " The Power of Knowledge"
Analysis Service |
Its a free service for technical consultation provided by NamaaZone to the website visitors. |
Open account Request |
NamaaZone provides a range of integrated trading solutions in local and global financial markets |