May 2017 cable raw materials (aluminum) monthly report

Domestic: Recently, the China Development Bank and the Bulgarian Development Bank signed a loan agreement in Sofia, the capital of Bulgaria, and the China Development Bank provided a loan of 80 million euros to the Bulgarian Development Bank to support Bulgaria's support for small and medium-sized enterprises and carry out the "Belt and Road" cooperation projects
.
This is the second loan from the China Development Bank to Bulgarian financial institutions, the first of which was 5 million euros
in 2009.
The Belt and Road Initiative is bringing China closer to the rest of the world
.
Bulgaria, which has traditional friendly and cooperative relations with China, occupies an important geographical advantage
because it is located in the Balkans and is a member of the European Union.
The Bulgarian government has expressed a positive attitude towards the "Belt and Road" cooperation, and has repeatedly stated that it will carry out all-round cooperation
with China under the framework of the "Belt and Road".

Internationally: According to a newly released report, existing home sales in the United States fell more than expected in April, as the market has been short of available housing inventory for a long time, leading to higher home prices, and potential buyers are holding on to the
sidelines.
U.
S.
existing home sales fell 2.
3 percent in April to a seasonally adjusted annual rate of 5.
57 million units, and market estimates of sales fell 1.
1 percent to 5.
65 million annualized units
, according to data released by the National Association of Realtors (NAR).
Despite the decline in existing home sales in April, they remained the fourth highest in the past 12 months, with existing home sales revised downward to 5.
7 million units in March, still the highest since February 2007, and the previous value of 5.
71 million
.