CHINA’S SEO’S PROFITS ROSE 240%; TRADE SURPLUS AT $34.47 BILLION IN APRIL

Highlights –

• China’s SEO’s profits rose 240%; trade surplus at $34.47 billion in April.
• The profits of centrally administered SOEs rose 160 percent year on year.
• The debt-to-asset ratio of the country's SOEs came in at...

CHINA LOANS $1.5 BILLION TO PAKISTAN TO PAY THE MONEY IT OWES TO SAUDI ARABIA

Highlights –

• China loans $1.5 billion to Pakistan to pay the money it owes to Saudi Arabia.
• China has not provided the loan to Pakistan from its State Administration of Foreign Exchange.
• China and Pakistan have instead agreed to incre...

Forex China narrows

Forex trading has been largely affected as the United States and China trade war had slowed down the economies involved and also had a global impact as the economic slowdown started during the trade war between these nations. Apart from economic and trade deficits, there have been huge deficits i...