The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Russia is now much closer to China than the U.S., the head of Russia's sovereign wealth fund told CNBC, with a strategic partnership between Russian firms and Alibaba the latest example of their strengthening ties
In a major breakthrough this summer, the first shipment of liquefied natural gas was made from the Russian port of Sabetta, home to the Yamal LNG project in the Russian Arctic, to the Chinese port of Rudong in Jiangsu
Russian State Nuclear Energy Corporation Rosatom has held initial discussions with its Chinese partners on potential projects to jointly build nuclear power plants in third states, Rosatom CEO Alexey Likhachev has said