A banner of the BRICS summit is displayed at the Modern Art Museum (MAM) where the BRICS summit 2025 will be held in Rio de Janeiro, Brazil on July 4, 2025. (Photo by Pablo PORCIUNCULA / AFP)
By Facundo Fernández Barrio BRICS leaders will meet in Rio de Janeiro from Sunday, with the bloc depleted by the absence of China's Xi Jinping, who is skipping the annual summit of emerging economies for the first time in 12 years.
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“The largest donors to the ADB are countries like Japan and Australia, which is part of my frustration … because people driving past would assume it’s funded by China because you see Chinese state-owned enterprise branding everywhere, but it’s funded by the taxpayers of countries like Japan and Australia.”
