The slackening pace of important economic reforms, as well as the stimulus measures taken in response to the 2008 crisis to boost investments, have all led to a huge build-up of debt and created imbalances in the Chinese economy, including in the financial markets and the industrial sector.
On 29 May, the government of Moldova designated five Russian diplomats as personae non gratae.
On 23rd May the Investigative Committee of Russia searched the Gogol Centre (a theatre in Moscow) and the flat of its artistic director Kirill Serebrennikov.
On 29th May President Vladimir Putin, at the invitation of President Emmanuel Macron, paid a working visit lasting several hours to France.
The energy sector is an essential area in Russian-Belarusian relations.
The oil industry does not play a major role in the Ukrainian energy sector and has smaller economic and political significance than the gas, coal and nuclear sectors. The issues linked to the Ukrainian fuel sector are rarely given publicity in the mass media. Meanwhile, a comprehensive analysis reveals that there has been a painful and durable collapse in this strategic branch of the economy.
US president Donald Trump and his Turkish counterpart, Recep Tayyip Erdoğan, met for the first time on 16 May in Washington.
On 17 May, President Gjorge Ivanov, formerly of the centre-right VMRO-DPMNE party, entrusted the leader of the SDSM party Zoran Zaev.
On 10 May, the parliament of Kosovo passed a vote of no confidence in the coalition government.
The election of Emmanuel Macron as French president has been welcomed in Germany.