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China's Imports And Exports Of Aluminum Products In June
- Jul 24, 2018 -

1. The export volume of alumina in June was 118,334 tons; the export volume of alumina in the first half of 2018 was 239,382 tons. In June, the export volume of unwrought aluminum and aluminum was 510,000 tons. The cumulative export volume in the first half of the year was 2.71 million tons. In June, the import volume of unwrought aluminum and aluminum was 46,800 tons. The cumulative export volume in the first half of the year was 265,200 tons. In June, the import volume of scrap aluminum was 110,000 tons, and the cumulative import volume in the first half of the year was 840,000 tons.

2. The Bank of France: The trade war will drag down the economy. The report of the Bank of France pointed out that the international trade war triggered by the wide-ranging increase of tariffs may reduce the global GDP growth rate by 3 percentage points. Economists at the Bank of France predict that a 10% increase in import tariffs will directly lead to a 1% drop in global economic growth after two years. Declining productivity, rising financing costs and sluggish investment demand will further amplify this impact. Based on the above factors, global GDP growth rate can drop by up to 3 percentage points after two years. Francois Villeroy de Galhau, president of the Bank of France, said that the biggest risk facing the global economy today is the trade war, which will hit business confidence and affect corporate investment.


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