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5.20 Report

① Ministry of Commerce: Consumption is expected to continue to recover.
② Japan’s exports in April increased by 12.5%, while exports to China fell by 5.9%.
③ The EU launched a 300 billion euro investment plan: aiming to get rid of Russia’s energy dependence.
④ The Thai government will introduce incentives to support the construction of new economic corridors.
⑤ South Africa and five other African countries established the African Green Hydrogen Alliance.
⑥ The average out-of-stock rate of formula milk powder in US retailers in the past week is as high as 43%.
⑦ Russia plans to discuss withdrawal from the WTO and WHO.
⑧ Ukrainian Minister of Agriculture Policy and Food: Ukrainian grain output may drop by 50% this year.
⑨ South Korea: The issuance of short-term visit visas and electronic visas will resume on June 1.
⑩ Federal Reserve officials: It is expected that the US GDP will increase by 3%, and interest rates will be raised by 50BP in June and July.


Post time: May-20-2022