Issued today by the Chinese economy data on exports during the last month, which showed low for the third consecutive month, in addition to the decline in imports for the seventh month in a row which increases the concerns about the Chinese economy, which is suffering from weak domestic and global demand.



Exports Index for the month of May / May last dropped by 2.5% compared with expectations for a low 4.4% and the previous reading down by 6.4%, while imports decreased by 17.6% compared with a previous decline of 16.2% and was forecast to decline by 10.0%.

As for the surplus in the trade balance during the month of May / May it rose to 59.49 billion dollars compared with the previous reading, which was valued at 34.13 billion dollars, while expectations were valued at $ 44.8 billion.

The slowdown in exports and declining investment by Chinese companies threaten growth target set by the Chinese government during 2015 at 7%, which is prompting the Chinese government to ease monetary policy substantially and provide cash to be spent on infrastructure projects in order to support economic growth and provide currency opportunities .

We have seen during the last period increased support from monetary policy represented in cutting interest rates more than once during the last period in addition to reducing reserve requirements set by commercial banks with the Central Bank in order to facilitate borrowing and encourage Chinese companies to work and expansion capital in order to support growth in world's second largest economy.