China's economic growth remains resilient amid slowdown concerns June 8, 2017 - 16:21 AMT PanARMENIAN.Net - China's exports and imports rose by more than forecast in May, indicating that economic growth remains resilient amid concerns about a slowdown, BBC News reports. Exports rose by 8.7% from a year ago in US dollar terms, beating estimates of 7%, after strong demand from Europe. Imports shot up by 14.8%, compared with estimates of 8.5%, thanks to purchases of processing and assembly products. Overall, China's trade surplus widened to $40.8bn from $38bn in April. Data released on Thursday, June 8 also showed China's foreign exchange reserves rose by more than expected in May as tougher capital restrictions took effect. However, many analysts warn that China's growth is likely to slow gradually in coming quarters. Related links:   Top stories Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert. On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.   Partner news |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesArmenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
