China’s imports have been growing and according to latest figures available, it has gone upwards in the month of May. Though the Government is trying to control the overheated economy, the global trade surplus of China touched $13 billion in the month of May.
Of late, it has been seen that United States has increased its reliance of Saudi Arab for oil. Although the escalation in the import rate of U.S had been noticed since the former summer, the pronouncement has been observed this year when the growth mark crossed 20%.
On Monday, the State secretary of United States, Hillary Clinton, mentioned that the Government of United States will enforce all its forces in order to prevent Iran from procuring nuclear arms.
