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New Chinese Development Funding for Southern Africa

The Development Bank of Southern Africa (DBSA) signed a $293 million loan facility agreement with China Development Bank. The funding will support energy, infrastructure, water, health, and manufacturing projects on the continent. The agreement was signed on the sidelines of the BRICS summit in Brazil earlier this ...

Rio to Host BRICS Summit Wary of Trump

A summit of BRICS nations will convene in Rio de Janeiro on Sunday and Monday, with members hoping to weigh in on global crises while tiptoeing around U.S. President Donald Trump's policies. The city, with beefed-up security, will play host to ...

China’s Invisibility at the Africa Climate Summit and the Disappointing “Western Agenda” Nairobi Declaration

Economic issues back home and the recent BRICS summit in South Africa possibly contributed to China’s largely subdued presence at the inaugural Africa Climate Summit (ACS) in Nairobi this week. Kevin Gallagher, director of the Global Development Policy Center at Boston ...

Indian Media Bashes Xi, Praises Modi Over Flag Markers at BRICS Photo Shoot

The South African organizers of the BRICS summit stupidly used small national flags as floor markers for where the five leaders should stand during a photo shoot on Wednesday. Putting a flag on the ground for someone to step on is ...

Insider/Outsider Politics and Member Country Agendas Are Likely to Shape Summit’s Outcomes

The draft agenda (PDF) of this week’s BRICS summit in Johannesburg reveals an event split between intra-group discussions early on and a wider group of participants on the last day. The first two days are dominated by core BRICS issues, including ...

Analysis from Cobus van Staden

BRICS Announces Numerous New Initiatives

The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...

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, ...

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 

Chinese Expert Pours Cold Water on Ethiopia’s BRICS Dream

In June, Ethiopia joined about twenty other emerging economies in applying to join the BRICS group, made up of Brazil, Russia, India, China and South Africa. As with South Africa’s late entry into the group, China’s support is a key determinant of ...

South Africa Urges Caution on BRICS Currency as Global Yuan Use Creeps Up

The BRICS group (Brazil, Russia, India, China, and South Africa) will discuss the feasibility of a joint currency at an upcoming summit in Johannesburg in August. Naledi Pandor, South Africa’s Minister of Foreign Affairs, acknowledged that scheduling the discussion was prompted by calls from member states to move away ...

BRICS Summit Raises Questions About Shared Agenda

This week’s BRICS summit sets the stage for renewed wrangles around the bloc’s future role. The leaders of Brazil, Russia, India, China, and South Africa will meet virtually on Thursday to discuss cooperation on issues like health cooperation and the post-pandemic recovery.  However, despite ...