Topic
Brics (an acronym for Brazil, Russia, India, China and South Africa) refers to an association of leading emerging markets. South Africa joined the group in 2010.
- Diana Mondino’s delegation was the first official visit to China since the country’s Western-leaning government took office last year.
- Foreign Minister Wang Yi urges ‘deeper cooperation’ amid reports of US concerns over Chinese deep space telescope operating in Argentina
Bolivian Foreign Minister Celinda Sosa Lunda visits Beijing after trip to Russia, says La Paz is eager to cooperate with Beijing.
Diana Mondino’s trip has triggered speculation that she is looking to extend a currency swap with Beijing as the risk of a 10th sovereign debt default looms.
Washington better served by focusing on economics and other areas to ‘counter malign forms of Chinese and Russian influence’, according to new report.
Russian central bank governor Elvira Nabiullina says the yuan’s share in Russia’s exports has increased from 0.4 to 34.5 per cent, replacing the US dollar and euro as its ‘primary’ currency for foreign economic activity.
Africa’s trade deficit expanded to US$64 billion as China recorded a drop in trade with top partners on continent – South Africa, Angola, Nigeria, the DRC and Egypt – which are predominantly resource-rich nations.
In a diplomatic call, Wang Yi and Sergey Lavrov addressed priority items on the international agenda, including the Ukraine war and the Mideast conflict.
Beijing says wide-ranging reductions on items ranging from sweetcorn to plywood meant to help global and domestic markets.
President Javier Milei’s pivot towards the West ‘may lead to a decrease’ in engagement with Beijing, according to analyst. Another says the move is a ‘blessing in disguise’ for the bloc.
Scientists in Russia and China establish quantum communication encrypted with the help of secure keys transmitted by Mozi satellite.
In a letter addressed to the leaders of Brazil, Russia, India, China and South Africa – members of the Brics alliance – Milei said the moment was not ‘opportune’ for Argentina to join. It had been set to join on Monday.
South Africa’s ICJ application relates to alleged violations by Israel of its obligations under the Genocide Convention. The claim ‘lacks both a factual and a legal basis,’ Israel said on Friday.
Chinese special envoy Xue Bing meets leaders in the East African country where Beijing seeks to gain peacemaking experience while protecting investments, according to analysts.
