China's car exports have declined by 4.9% since the beginning of the year

From the beginning of the year to May, China shipped 392,000 cars abroad. According to the China Association of Automobile Manufacturers, the figure fell by 4.9% compared to the same period last year. 259 thousand passenger cars were shipped abroad, which is 14.5% less than deliveries from the same period of 2018. During this period, China has delivered 21.7% more commercial vehicles, their number has grown to 133 thousand cars. In May, China exported 78 thousand cars. The indicator for April rose by 16.4%. The association also reported that in the first four months of the year, Chinese car manufacturers reduced revenue by 9.2% to 1.26 trillion yuan. In order to increase car sales in the country, the Chinese authorities have imposed a ban on any restrictions from the side of local authorities on the purchase of cars with engines that work on new energy sources.

26.06.2019
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Manufacturing confidence in France worsened in June

In June, manufacturing confidence in France weakened amid a decline in external demand and weak manufacturing prospects in the country. A report of Insee revealed a decline in the index of industrial relations to 102 points from the May value ...
26.06.2019

New Zealand's trade balance surplus fell in May

The trade balance surplus of New Zealand in May of this year was reduced to 264 million NZD from 383 million NZD in April, according to official statistics. Growth in exports by 8.5% over the year to 5.81 billion New Zealand dollars exceeded ...
26.06.2019

A group of billionaires has proposed a tax on wealth in the United States

A group of American billionaires appealed to US presidential candidates in the upcoming elections in 2020 with a call to impose a wealth tax in the country. They were convinced that new taxes should come from the richest US citizens, and not ...
26.06.2019

A strike at the Codelco mine could deprive the market of 10 thousand tons of copper

A strike at a copper mine in northern Chile, which belongs to the world's largest copper producer Codelco, which began in mid-June, may lead to the fact that ten thousand tons of this metal will not enter the world market., Bloomberg reported. ...
26.06.2019

US consumer confidence declined in June

In the US, consumer confidence fell to a minimum level since September 2017. According to the Conference Board, the corresponding index in June was 121.5 points, down from the May value of 131.3 points. Forecasts of economists suggested a decrease ...
26.06.2019
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