Category: BRICS
BRICS Leaders Meet in Johannesburg for Summit That Could Reshape the Group
Chinese officials are reportedly pushing for the BRICS bloc, made up of Brazil, Russia, India, China, and South Africa, to present a more frontal challenge to the U.S.-led G7. “If we expand Brics to account for a similar portion of world GDP ...
Chinese Scholars: BRICS Is All About Confronting the West
Many Chinese scholars have weighed in on this week’s BRICS summit, and the framing of the discussion on Chinese-language platforms is revealing. Commentators tend to see the bloc's importance as mostly lying in how it directly confronts Western global primacy. This ...
Chinese Automakers Prominent at BRICS Summit
The BRICS summit is proving a PR bonanza for an unexpected group of stakeholders: Chinese automakers. South Africa, the host of this week’s summit, eschewed the usual fleet of Mercedes Benzes to ferry the delegates between venues. Instead, the Chinese automakers Chery and Haval are providing the official SUVs. ...
The Real Reason to Pay Attention to BRICS
One of the few things about the upcoming BRICS summit in South Africa everyone can agree on is that it’s notable. But no one agrees why. What does the body’s possible expansion beyond its core members of Brazil, Russia, India, China, ...
BRICS Leaders Summit Preview
The Chinese Foreign Ministry confirmed President Xi Jinping will travel to South Africa to attend the upcoming BRICS summit, the first time he'll visit Africa since 2018. Xi will be joined by three other of the group's leaders along with Russian ...
Currencies, Old and New, Set to Top Agenda at Next Week’s BRICS Summit in Johannesburg
The idea of creating a brand new currency under the auspices of the BRICS countries is "ridiculous," according to the former Goldman Sachs economist who coined the acronym for the five countries. Jim O'Neil echoed the sentiments of a number of ...
South Africa, China Ink Trade Deals Ahead of Xi Visit
South Africa and China signed about $2.2 billion in new trade and economic deals ahead of Chinese President Xi Jinping’s upcoming visit to Johannesburg next week. Xi will be in town for both the BRICS summit and a bilateral state visit. The deals
India-China Border Talks Resume, Raising Hopes of a Xi-Modi Meeting
China and India held joint talks about their contested border a week before President Xi Jinping and Prime Minister Narendra Modi will both attend the BRICS summit in Johannesburg. Xi will also travel to New Delhi for G20 meetings next month. Observers see the meetings as a signal of a ...
WEEK IN REVIEW: U.S. President Joe Biden Said He Will Travel to Vietnam “Shortly”
U.S. President Joe Biden said he will travel to Vietnam “shortly” and that Hanoi is interested in elevating its relationship with the United States and become a major partner. This follows a trip by Secretary of State Antony Blinken to Vietnam in April. Asked about the comments, a ...
Some 40 Countries Want to Join the BRICS Group, But Not Mexico, Says President
Applying to join the BRICS club has become increasingly fashionable among developing countries, with 40 states expressing interest in becoming a member of the China-initiated club -- but not Mexico. President Andrés Manuel López Obrador said on Tuesday that he has nothing ...