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We need to adjust our economic structure, achieve development of better quality, build closer economic partnership, boost the building of an open world economy and establish a global development partnership
Wednesday, April 3, 2024
Why Has China’s Automobile Exports Increased Significantly? – Analysis
“New quality productive force” is now a new buzzword in China, particularly associated with the nation’s car exports. China’s car exports, including new energy vehicles (NEVs), have indeed grown significantly, to the point where the U.S. is considering imposing policy restrictions on the country
Pakistan’s intellectual and political circles regard BRICS as an essential platform for advancing the nation’s strategic and economic interests globally. Achieving this goal, however, demands meticulous navigation of geopolitical challenges, particularly with India, and crafting a persuasive argument for Pakistan’s inclusion in BRICS
According to the results of January-February 2024, the supply of Russian fertilizers to China soared by 94 percent compared to the same period in 2023 and reached the level of 891.3 thousand tons
In January 2024, the Kingdom of Saudi Arabia officially announced its membership of BRICS, an international economic bloc that includes Brazil, Russia, India, China and South Africa
China's intake of Russian crude is set to reach a record this month, Kpler data cited by Bloomberg shows
With the BRICS forum, Ethiopia got a new platform for cooperating with member states on specialised issues like finance, technology and global governance matters, which also positively enhances trust among the members states; Ethiopia is due to benefit substantially over time, writes Dareskedar Taye, Lead Researcher at the Institute of Foreign Affairs, Ethiopia
The creation of new financial mechanisms through BRICS is one of the most promising fields for the development of the association. In the final declaration of the BRICS countries after the 2023 Summit, financial policy was given quite a lot of attention. In particular, it was stated that the BRICS Payment Task Force (BPTF) needs to prepare a report on payment mechanisms, including those based on cross-border payment systems